[qpotlpus]

This isn’t about whether the SEC likes or dislikes Musk. This is about the ability of public company investors to rely on a modicum of good faith that the official statements of public company CEOs aren’t pure BS or stock manipulation. In this case an inference of intentional stock manipulation to hurt “shorts” has a fair bit of merit.

If investors need to wonder if a CEO can say anything without any ramifications then public markets break down. The cost of capital goes up for the entire investment universe. This is serious stuff.

Tesla investors need to realize there is a broader world beyond their one obsession.