Re:Nikola founder Trevor Milton found guilty of fraud
by IshKebab on Saturday October 15, 2022 @09:16AM
(#33214504)
There are clearly different levels of fraud. Completely faking a working car is obviously worse than tweets that break SEC rules.
The self-driving thing is worse than the tweets I would say, but nobody seems to care about it for some reason. Surely a class action lawsuit is due?
Securities fraud is fraud.
What you said doesn't refute anything on both of them committing securities fraud, which still makes them both fraudsters. Elon Musk didn't file his intentions with the SEC about what he said and he knew it was a lie to investors.
> Elon may be guilty of being an idiot and not thinking before he tweets, but he pushed forward electric cars and rocketry more than any other person currently living I would say.
The is no amount of apologism to realize that he is a fraudster; that is even before mentioning the FSD Level 5 robo-taxi false promises.