News for hackers. Stuff that matters.

A comment on Statement of SEC Regarding Recent Market Volatility. Parent comment

Re:Statement of SEC Regarding Recent Market Volatility by scythe on Friday January 29, 2021 @12:03PM (#25959552)
Tesla isn't an investing firm. They don't even really have much in the way of acquisitions yet. Tesla would have to do something pretty blatant to really piss off the SEC. Elon's $420 tweet was greeted with a slap on the wrist precisely because "you're new here, aren't you?".

The better analogy would be if SpaceX pissed off the FAA.

[ Parent | on HN ]
Re:Statement of SEC Regarding Recent Market Volatility by kchr on Friday January 29, 2021 @02:00PM (#25960940)
Tesla actually made an official statement on their website about going private within 24 hours of the tweet. That's what reduced it to a slap on the wrist.
[ Parent | on HN ]
Re:Statement of SEC Regarding Recent Market Volatility by finiteloops on Friday January 29, 2021 @07:00PM (#25964518)
Ask and ye shall receive

https://www.msn.com/en-us/news/technology/elon-musk-e2-80-99...

[ Parent | on HN ]