Tesla Faces U.S. Criminal Probe Over Musk Statements
The sad piece of karma in all of this is that Musk tweeted in an effort to destroy the shorts.His tweet turned out to:- give the shorts a big dip in his stock,- an investigation by the SEC- an investigation by the DOJ- the backing off of a deep pocketed investor in the Saudis- Him potentially being personally liable, which would mean having to step away from SpaceX and Tesla if he was found guilty of fraud.This could be the biggest thing to come out of all of this.  Imagine Elon getting a 2 year ban on begin an executive in a company.  Or SpaceX not being able to bid on government contracts because their CEO is a felon.There is going to be a lot of backroom dealing to do everything they can to prevent Elon from being charged.- A lawsuit that is seeking class action status for anyone who was short at the time of his tweet.- this is speculation, but it must have really strained his relationship with the board.  I mean you can only fight so many battles at once, you'd think you'd want to have the board on your sideAll to screw with the shorts, who really have no power what-so ever to hinder Telsa.  If he had just not used twitter he and Tesla would be better off and the shorts would be worse off.