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Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by blhack on Monday February 25, 2019 @07:24PM (#19250877)
He's a human being who also happens to be the head of a public corporation. We can't expect every single action he takes at every point to be filtered into legalese.

IMO, if he had said this in an earnings call, or presented it in a way that made it seem "official", then I could get the problem, but it's twitter.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by detaro on Monday February 25, 2019 @07:28PM (#19250905)
Tesla registered his Twitter account as an official channel for such information. That brings with it expectations and obligations, since investors etc now have to read it to be fully informed, and has similar relevance to e.g. official Tesla press releases.

He specifically agreed to have Tesla legal review all such tweets to make sure he doesn't tweet bad information again, and promptly went and ignored that.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by Aeolun on Monday February 25, 2019 @07:40PM (#19251002)
I don’t think the ballpark estimate 0-500k could possibly be interpreted as accurate/reliable (and by extension, bad) information.

Except by some particularly whiny people looking for an excuse.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by detaro on Monday February 25, 2019 @07:44PM (#19251036)
He said "around 500k", not "0-500k". And the SEC isn't filing this because he tweeted "bad" information, but because he violated the settlement where he agreed to have Tesla legal review all such tweets, which he didn't do. That he had to correct the numbers just made it obvious that he might have failed to do so.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by bjl on Monday February 25, 2019 @07:27PM (#19250898)
> IMO, if he had said this in an earnings call, or presented it in a way that made it seem "official", then I could get the problem, but it's twitter.

TSLA stated five years ago that Musk's twitter is an official source of information regarding the company.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by gamblor956 on Monday February 25, 2019 @07:31PM (#19250933)
IMO, if he had said this in an earnings call, or presented it in a way that made it seem "official", then I could get the problem, but it's twitter.

As pointed out many times on this thread, Elon had Tesla designate his personal twitter account as an official source of material company information. Ergo, anything he posts to twitter is potentially subject to SEC reporting requirements.

If he didn't want that responsibility tied to his private account, he should have had Tesla create him a Tesla_CEO twitter handle that he could post from instead.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by rdiddly on Monday February 25, 2019 @07:40PM (#19250997)
I actually agree with you somewhat; I'm a bit dismayed that any information at all on Twitter is being taken as worth a damn to any significant degree. It just means the day when I need a Twitter account to get anything done, creeps ever closer. But I feel like nobody else is concerned about that.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by empath75 on Monday February 25, 2019 @07:25PM (#19250886)
According to the company his twitter feed is an official source of information about the company.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by derekp7 on Monday February 25, 2019 @07:30PM (#19250929)
So if he created two twitter accounts, ElonMuskCorp and ElonMuskPersonal, would he be in the clear on the 'Personal account?
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by belltaco on Monday February 25, 2019 @09:15PM (#19251454)
Only if he does not reveal any insider info on the personal account. Still needs his corp account tweets pre-vetted coz of previous violation.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by blhack on Monday February 25, 2019 @07:28PM (#19250915)
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by gamblor956 on Monday February 25, 2019 @07:34PM (#19250955)
In one of their SEC filings. You need to search EDGAR.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by detaro on Monday February 25, 2019 @07:37PM (#19250972)
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by supernovae on Monday February 25, 2019 @07:26PM (#19250893)
We don't even hold our president liable for what he says on twitter.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by TheCoelacanth on Monday February 25, 2019 @07:39PM (#19250993)
That's because our constitution has no non-political mechanism for holding the president to the law. Unfortunately for Musk, the SEC has no such limitation.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by what_ever on Monday February 25, 2019 @07:33PM (#19250945)
Whataboutism.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by supernovae on Tuesday February 26, 2019 @09:50AM (#19254685)
username checks out
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by gamblor956 on Monday February 25, 2019 @07:33PM (#19250943)
Trump's twitter statements have actually been used in court to strike down several of his executive actions...
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by zaroth on Tuesday February 26, 2019 @12:18PM (#19256259)
Only in rulings that were later overturned, AFAIK.
Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by gamblor956 on Tuesday February 26, 2019 @01:05PM (#19256744)
The rulings I am referring to still stand...

Several of the courts hearing DACA cases upheld the law, in at least one instance solely because of Trump's tweets established a racial motivation rather than a policy motivation for terminating the program.

The Muslim ban was heavily modified after courts repeatedly struck it down based on Trump's anti-Muslim tweets. The final version was designed to address the issues raised in the original rulings. It is limited to countries like Iran and Syria which are openly hostile to the US, and countries like Yemen and Somalia which have contributed a large portion of the membership of terrorist groups like Al Queada and ISIS. Two of the countries were added to that list Venezuela and North Korea) solely because they aren't Muslim. Persons on this list are feasibly national security concerns, which is just enough of a justification to uphold the travel ban on legal grounds.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by Aeolun on Monday February 25, 2019 @07:45PM (#19251043)
Yeah, it’s a bit of a disgrace really. Influencing global politics and destroying the US’s reputation in the world is apparently less relevant than someone potentially influencing some stocks.

I dunno, looking on from overseas it’s a bit surreal. Trumps tweets have normalized too, so it’s no news anymore when he tweets something outrageous.

Re:SEC Asks Manhattan Federal Court to Hold Elon Musk in Con... by morpheuskafka on Monday February 25, 2019 @09:53PM (#19251644)
Trump didn't commit securities fraud on Twitter. Yes, his Tweets are outrageous and absurd, but very few if any break the law. Him blocking people on Twitter was found to be unlawful and reversed by a court--for the same reason as Musk's activities, because he has repeatedly used his "personal" account for his job.