1. Elon Musk's Tesla Tweets Could Spark a Fight With the Sec | Wired

    Elon Musk's Tesla Tweets Could Spark a Fight With the Sec | Wired

    Elon Musk and His Fight With the SEC For the SEC—which, like many enforcement agencies, enjoys making headlines with shows of force—investigating Elon Musk's tweet about taking Tesla private could be an easy win. Joshua Lott/Getty Images UPDATE: On Wednesday, August 15, the Fox Business Network reported that Tesla received subpoenas from the US Securities and Exchange Commission. The Wall Street Journal and New York Times later confirmed the reports.

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    1. There are enough concessions in the blog post about this being subject to financial and due diligence review and final approvals to determine that Musk didn't have funding secure.
    2. The SEC can just say there was a materially false statement.
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