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A comment on Elon Musk tweet wipes $14bn off Tesla's value. Parent comment

Re:Elon Musk tweet wipes $14bn off Tesla's value by athriren on Friday May 01, 2020 @10:22PM (#23048560)
Not to be too glib, but 15 U.S.C. § 78a, which created the SEC and invested in it broad power to regulate financial markets.
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Re:Elon Musk tweet wipes $14bn off Tesla's value by jshevek on Friday May 01, 2020 @11:38PM (#23048935)
My understanding is that this legislation does not universally prohibit a CEO from stating an opinion about the value of their company's stock.
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