Would that be like a green Gremlin?
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Originally Posted by CNBC
"The settlements, which are subject to court approval, will result in comprehensive corporate governance and other reforms at Tesla — including Musk's removal as Chairman of the Tesla board—and the payment by Musk and Tesla of financial penalties," it added.
Musk's fierce war of words against short-sellers, or investors betting on the company's stock to fall, was one of the reasons he cited when he first floated the idea of Tesla going dark. In settling with Musk, the SEC said Tesla's board would be expected to "oversee" its founder's communications with investors.
"The resolution is intended to prevent further market disruption and harm to Tesla's shareholders," added Steven Peikin, co-director of the SEC's Enforcement Division, in a statement.
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Subject to months of court wrangling. The stock market protects itself from Tesla 'going dark' to quarterly judgment.
Apparently the upcoming quarterly results will be good. Joe Scott subscribes to Scott Adam's theory of two movies on one screen.