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Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by mlindner on Monday February 25, 2019 @07:12PM (#19250792)
Sorry that's simply false. You have all your freedoms. You can get fired for exercising them but that doesn't mean you don't have them. If the shareholders wanted to fire Elon Musk they would, but they aren't so the SEC should butt out of the issue.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by elliekelly on Tuesday February 26, 2019 @12:02PM (#19256083)
_Every_ CEO of _every_ publicly traded company has _every_ company-related tweet vetted by a company lawyer. What the SEC is asking of Musk here is simply that he follow the industry-standard.

Let's not forget Musk owes a fiduciary duty to Tesla shareholders and his tweets have repeatedly lost shareholders money and induced people to purchase shares on false/misleading information. That's securities fraud.

Source: Corporate & Securities Attorney. I was once the approver of many such tweets. Though thankfully the people I worked with were exceedingly reasonable in comparison to Musk.

Edit: Missed a word.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by empath75 on Monday February 25, 2019 @07:28PM (#19250904)
You can’t lie about your company as a ceo. That’s securities fraud.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by jonathankoren on Monday February 25, 2019 @07:37PM (#19250973)
Elon effectively has controlling interest due to his supervotes. Sure, 89.5% of the outside votes can out vote him, but that’s an absurdly high bar. [0]

Also, the SEC is a regulator for a reason. Saying the company is cool with it (even when it’s really unclear if that’s actually true give the voting setup) is completely irrelevant to if the behavior is acceptable to society. After all, grifters are totally fine with gritting when they’re the ones doing it, but that doesn’t mean grifting a societal benefit.

[0] https://www.thestreet.com/investing/stocks/how-elon-musk-con...