Feds Open Investigation Into Elon Musk

[pipedreams]

Will they stop the buy of Twitter, is it too important to the left.

"The U.S. government has reportedly opened an investigation into Tesla CEO Elon Musk’s business dealings regarding his $44 billion purchase of Twitter.

“The Securities and Exchange Commission is probing Mr. Musk’s tardy submission of a public form that investors must file when they buy more than 5% of a company’s shares,” The Wall Street Journal reported. “The disclosure functions as an early sign to shareholders and companies that a significant investor could seek to control or influence a company.”

“The Tesla Inc. chief executive made his filing on April 4, at least 10 days after his stake surpassed the trigger point for disclosure. Mr. Musk hasn’t publicly explained why he didn’t file in a timely manner. Mr. Musk likely saved more than $143 million by not reporting that his trades had crossed the 5% threshold, said Daniel Taylor, a University of Pennsylvania accounting professor, since the share price could have been higher had the market known of the billionaire’s growing stake,” the report continued."

https://conservativebrief.com/feds-2-62759/

https://nypost.com/2021/08/16/formal-investigation-opened-following-tesla-autopilot-crashes/

https://news.yahoo.com/sec-opens-investigation-elon-musk-230142000.html

[DAKA]

NOTHING IS BEYOND TRYING TO KEEP DISINFORMATION ALIVE 

THEY'LL TRY ANYTHING

[miketx]

If so, feds need to be hung from lamp posts.

[DAKA]

Should do that anyway...

[Borg warner]

20 hours ago, pipedreams said:

Will they stop the buy of Twitter, is it too important to the left.

"The U.S. government has reportedly opened an investigation into Tesla CEO Elon Musk’s business dealings regarding his $44 billion purchase of Twitter.

“The Securities and Exchange Commission is probing Mr. Musk’s tardy submission of a public form that investors must file when they buy more than 5% of a company’s shares,” The Wall Street Journal reported. “The disclosure functions as an early sign to shareholders and companies that a significant investor could seek to control or influence a company.”

“The Tesla Inc. chief executive made his filing on April 4, at least 10 days after his stake surpassed the trigger point for disclosure. Mr. Musk hasn’t publicly explained why he didn’t file in a timely manner. Mr. Musk likely saved more than $143 million by not reporting that his trades had crossed the 5% threshold, said Daniel Taylor, a University of Pennsylvania accounting professor, since the share price could have been higher had the market known of the billionaire’s growing stake,” the report continued."

https://conservativebrief.com/feds-2-62759/

https://nypost.com/2021/08/16/formal-investigation-opened-following-tesla-autopilot-crashes/

https://news.yahoo.com/sec-opens-investigation-elon-musk-230142000.html

Next thing you know, the investigation will discover that while Musk was in Russia, he hired Hookers to pee in his bed.

[Batesmotel]

They played the long game. Their influence is everywhere. It kills me to say it but McCarthy was right. 

[railfancwb]

On 5/12/2022 at 5:32 PM, Batesmotel said:

They played the long game. Their influence is everywhere. It kills me to say it but McCarthy was right. 

Sad but true.