Update: We have published Keep Digging, Elon! - March 2019!
Keep Digging, Elon!
Last night, the SEC responded to Elon Musk’s defense of his indefensible violations of his consent decree. And as some of us suspected, Musk’s legal troubles may prove far more serious than he and his acolytes pretend unless U.S. District Judge Alison J. Nathan attended the same law school as Michael Cohen
(she did not). For the SEC disclosed that not only did Musk violate the terms of the consent decree in seeking pre-approval of his misleading February 19th tweet regarding Tesla’s future vehicle production, but he failed to seek pre-approval for any of his tweets since signing his agreement with the government. Instead, he blatantly ignored the pre-approval requirement and instead interpreted the order as requiring pre-approval only if Musk himself unilaterally determined a tweet to include material information...