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Nope, he never said so. He used the word "considering" - to interpret that to mean it's a done deal is stupid, and all the risk you take is your own.
He also said, "funding secured at $420 a share", which wasn't true.
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Ted Cruz was born in Canada. The naturalization requirement is a lot looser than you might think.
He was born a US citizen though. The requirement isn't that you are born on US soil, but that you are born a US citizen. John McCain was born in Panama.
That said, although legal scholars can have how many angels can dance on the head of a pin debates about this, the most reasonable interpretation is probably that they're US citizens/eligible for US citizenship from birth. If push ever came to shove on this question, one would hope the courts would side with the most liberal interpretation.
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This is a massive oversimplification. Musk may be in peril but this is not as cut-and-dried a case of fraud like you make it seem. Consider this recent comment from the SEC: “When you talk about fraud,” [Jina Choi of the SEC] answered, “you’re talking about a state of mind, you’re talking about mens rea. We call it scienter. You have to do something with intentionality. The idea of just making a misstatement doesn’t…
> That telegraphs a pretty lenient stance on misstatements that aren't completely fabricated American commercial law goes out of its way to avoid criminalizing stupidity. At a certain level, the difference between a genius and a madman is the genius was correct. They are indifferentiable without the benefit of hindsight. The nail in Elon's coffin (or lack thereof) will probably revolve around the degree to which he d…
That and if he's able to show he really thought funding could have been secured but fell through. IIRC we still don't know the full story on that.
I'm starting to get conspiratorially minded about all of this. It began when I couldn't understand the seeming coordination of the attacks against the Uber CEO. I mean, he seemed like the same kind of garden variety psychopath I expect in the role of CEO - why were there so many hit pieces about him specifically? Now Musk is a new target and somehow everyone is cheering for him to fail. Seems like if you get into com…
especially when the article mentions :p "who were granted anonymity to discuss a confidential criminal probe" press reliability at its finest
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> But he lied on twitter in a direct effort to cause financial harm to people shorting Tesla stock. Do you have evidence of this, or is it speculation?
The "lied on twitter" part is now clear. He said he had funding secured for a buyout at $420 which he has now basically admitted was not true. The "cause financial harm to people shorting Tesla stock" is a bit of speculation but it seems basically obvious to all observers.
He also tweeted this:
https://twitter.com/elonmusk/status/980566101124722688?lang=...
Was this some elaborate stock exploitation?
I don't mind the investigation but this whole thing, especially all the hate, like he ruined short sellers lives ( the stock is way down since the tweet ), is insane to me.
There are a lot of things to respect about Musk. But he lied on twitter in a direct effort to cause financial harm to people shorting Tesla stock. You can't do that. He should go to jail.
This is a massive oversimplification. Musk may be in peril but this is not as cut-and-dried a case of fraud like you make it seem. Consider this recent comment from the SEC: “When you talk about fraud,” [Jina Choi of the SEC] answered, “you’re talking about a state of mind, you’re talking about mens rea. We call it scienter. You have to do something with intentionality. The idea of just making a misstatement doesn’t…
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That's a realllly simplistic and one-sided view of short sellers.
They aren't all trying to do that of course, a lot of people are just trying to make money and look at a stock and think it will go one way or another. But I don't like the people that push false narratives and convince people of things that aren't related to reality.
The vast majority of them aren't trying to do that, similar to how the vast majority of longs aren't trying to P&D.
> But I don't like the people that push false narratives and convince people of things that aren't related to reality.
I hope you see the irony in saying that: This is almost word-for-word what Tesla shorts accuse Tesla of.
I'm curious - supposing HN had the power to decide, would you replace Elon Musk as CEO of Tesla? What kind of future does the company have without its founder? Personally, I think I would be much more confident in Tesla, and much more likely to buy a Tesla product, if he were not in charge.
Imagine a private company with ballistic missiles and submarines... I was musing the other day that Elon Musk may be planning to run for president. Why? Well, if there's one thing that 2016 showed us, it's that the road to the White House runs through snubbing Wall Street, calling the press a bunch of boring liars, accusing your opponents of pedophilia, making bizarre incoherent tweet storms in the middle of the nigh…
It'd be funny but since he was born in South Africa he's disqualified from running.