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by NickC25
645 days ago
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>but I don't know anymore if all the crazy things he says are to manipulate investors or if he really believes them. At what point would it be considered fraud? IDGAF whatever Musk really believes, the fact of the matter is that if he repeats the "any moment" line on an investor call, he has to be held to it. You can't trot out your own personal beliefs with investor's money, even if you sincerely believe it. He has staff and advisors that can tell him point blank if the tech is really ready, or not ready at all. If those advisors or staff tell him that it's close to being ready, that's straight up fraud unless they can put-up-or-shut-up. If they tell him it's not ready but he repeats the lie, it's also fraud. How many more excuses will we give this guy? This is absurd. Disclosure: I founded a startup, and have a few investors. I have to be fully transparent with them, because that's not only the ethical thing to do when you take someone's money, you also have to do so because the law compels you to do so. If I tell them that a product is close to being ready, I have to be ready to prove it. I can't make such claims otherwise. Why are we not holding the wealthiest guy on earth to the same laws EVERYONE ELSE is held to? |
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