Motherfucker spends years taunting the SEC as a paper tiger, thinks he's winning and oh so clever because they don't do much of anything, meanwhile they're building their case brick by brick. ~~FAFO~~ Fuck the fuck around and find the fuck out, I guess; here's hoping the ban comes through right after the court kiboshes that ridiculous paycheque he wrote himself from Tesla.
this post was submitted on 18 Jun 2024
458 points (98.9% liked)
News
23664 readers
3515 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
I seriously doubt there will be a FO in this case unfortunately.
On a completely irrelevant tangent, I hate FAFO. I see FAFO and it reminds me of FIFO and then I start thinking "but what does the A stand for?" First appended first out? First added first out? First assigned first out? And then I remember it has nothing to do with systems theory.
Can't we just spell it out? FAFO just doesn't have that kick. You spell FAFO and people will go" the fuck? " whereas you spell" fuck around, find out" and everyone goes "oh shit, that guy means business."
Fixed, but I added a little personal flair to show I really mean business. More fucks == more business, that's just maths.
This might actually save Tesla as company.
"Poised"
"Seek"
I don't have to read the article to know this is bullshit.
Experts believe the SEC faces significant challenges if it proceeds with fraud charges. “Courts typically prefer fraud cases that involve clear false statements,” said Fagel. “Transforming a regulatory violation into fraud, especially one involving delayed disclosure, can be an uphill battle.”
James Park, a securities law expert at UCLA, added, “Regulators could potentially frame this as a case of market deception, which complicates matters compared to straightforward falsehoods. It’s a nuanced issue but significant enough to warrant serious consideration.”
The biggest thing in their favor is a firefighters pension that sold at a lower than expected price if he had made the disclosure. They're not wrong, but it's a lie of omission type thing. We'll see if it flies over the next 5 years of appeals and shenanigans. Meanwhile he wrote himself a check on Tesla stockholders dime to cover the Twitter fuck up. I'm betting he fucks them over as Tesla spirals into a crater.
eestileeb SLAMS misleading incendiary headline
About freaking time.
They also need to ban him from being on the board of directors and pretty much everyone on the board of Tesla (who are all friends and family, and totally just doing what he says.)
this is too juicy to be real
How about sec investigate GME manipulation
He got that pay package just in the nick of time.
He didn’t get it yet.
Finally.
After giving him billions for years. Can we get govt people smarter than corporates, instead of dumber?