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by deckard1 2237 days ago
I don't get the obsession with Musk on HN and elsewhere.

The man is a certified loon. From falsely claiming the rescue diver that helped free the people from the cave in Thailand a "child rapist" to saying he was taking Tesla private as some insane joke because, well, $420 everyone! Get it? Marijuana! 420! Do you get it? SEC wasn't laughing. I'm sure they aren't amused by his recent tweet that TSLA is overpriced. The guy has firsthand knowledge and is as insider as can possibly be and is carelessly tweeting that the investment is too high. If this isn't ringing some major alarm bells, nothing will. And I'll believe Tesla leaves California when I see it.

Call me old fashioned, but I still believe the CEO of a public company has a fiduciary responsibility to the company's investors. Crazy, right?

2 comments

I'm an investor and I've made quite a bit off of said loon. I'd say he's following his fiduciary duty. When he goes out of his way to cause short squeezes it helps quite a bit as well.
With the pedo thing he seems to have believed it for better or worse, and there's no law against a CEO commenting on their stock price if it's not misinformation and they aren't trading on it. The 420 bit was obviously a joke.