Elon Musk in hot water again.

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Col Lamb
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Post by Col Lamb »

Nothing surprizes me about any action by Musk.

He is a loose cannon but investors love him, they have sunk billions into both Tesla and SpaceX.

He does seem to be constantly doing his own thing without regard for the immediate concequences.

All he has to do is threaten to move everything outside the USA and the Regulators will find a convenient way to sidetrack the issue.

The only winners will be the blood sucking lawyers.
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Post by jk88 »

happy days wrote: Wed Aug 15, 2018 9:20 am I wonder will he be charged?
:lol: :lol: :lol:
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Post by Dandock »

jk88 wrote: Thu Aug 16, 2018 7:09 am
happy days wrote: Wed Aug 15, 2018 9:20 am I wonder will he be charged?
:lol: :lol: :lol:
Could be terminal!
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Post by happy days »

Dandock wrote: Thu Aug 16, 2018 7:31 am
jk88 wrote: Thu Aug 16, 2018 7:09 am
happy days wrote: Wed Aug 15, 2018 9:20 am I wonder will he be charged?
:lol: :lol: :lol:
Could be terminal!
:lol: :lol: :lol:
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SAC1
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Post by SAC1 »

At least he won't be exhausted......but what's that musky odour? :oops:
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Col Lamb
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Post by Col Lamb »

120 hours per week working so says the CEO

Takes sedatives

Model 3 going to be loosing $6000 per car

Shares down by over 8%

Musks world is in a bit of bother
Col
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Col Lamb
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Post by Col Lamb »

So now Musk is being charged with Fraud over his privatisation comments.

At worst Jail?

At best banned from Directorship?

So potentially no more CEO role for him for a few years, they will just have to give him a new title .....

Chief Technical Working Another Target Officer!
Col
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Zinzan
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Post by Zinzan »

Col,
I don't think it is as simple as that. He and the company are already being sued in a class action for losses sustained by some of the short sellers he was apparently so keen to see burned. These losses are said to amount to billions of dollars ($1.3 billion in a single day according to the lawsuit). Whether Tesla can survive the litigation storm remains to be seen.....
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Post by Macananon »

Zinzan wrote: Fri Sep 28, 2018 3:07 pm Col,
I don't think it is as simple as that. He and the company are already being sued in a class action for losses sustained by some of the short sellers he was apparently so keen to see burned. These losses are said to amount to billions of dollars ($1.3 billion in a single day according to the lawsuit). Whether Tesla can survive the litigation storm remains to be seen.....
Rumour has it that Peterski will be flying over to defend him. :D
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Post by SAC1 »

Last edited by SAC1 on Fri Sep 28, 2018 5:07 pm, edited 1 time in total.
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