Thread: Tesla Model 3
View Single Post
Old 02-27-2019, 02:24 PM   #913 (permalink)
AKA - Jason
JSH's Avatar
Join Date: May 2009
Location: PDX
Posts: 1,505

Adventure Seeker - '04 Chevy Astro - Campervan
90 day: 17.3 mpg (US)

Dieselgate - '14 VW Jetta Sportwagen TDI
90 day: 38.24 mpg (US)
Thanks: 73
Thanked 855 Times in 574 Posts
Originally Posted by samwichse View Post
He's probably making a prior restraint argument?
Three problems with that argument.

1. The SEC is not trying to prevent Musk from making public statements. They have required his statements about Tesla to be checked for accuracy before publication.
2. Musk and Tesla agreed to the arrangement to settle a criminal case.
3. No CEO of a publicly traded company is allowed to make false statements about their company. This type of speech is already restricted.

Musk got off with a slap on the hand the last time. He would be wise to stop poking the bear. I suspect the SECs next move is to bar him from holding an executive position in a publicity traded company.
  Reply With Quote