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by Derek_MK 2449 days ago
Yeah, the SEC did. After the contempt hearing, they had to renegotiate what constitutes "material" information as a part of their settlement, and that was essentially Musk/Tesla's wake-up call of "Oh, we only just BARELY got out of that mess". So as a result, they've actually been following what the original spirit of the settlement was meant to enforce.

Of course, we're still seeing issues where Musk is getting sued for threatening workers on Twitter for unionizing, but that's a slightly different issue than lying about production predictions.

1 comments

How do you know he was lying instead of just, you know, wrong?
Which would be worse for Tesla?
Projections are not concrete numbers. It's normal for projections to not be exactly what reality turns out to be.