11–20 of 189 posts
I’ve seen the same meme over and over again in many different youtube videos: Elon musk assuring self-driving is just around the corner, just another few months… The investigation doesn’t interest me much. He has gotten slaps on the wrist before. Wake me up when he gets jail time.
Securities fraud again, funny that the guy who "bought Twitter" and shut down free speech ended up getting sued himself due to his own tweet (lying about # of Teslas being produced). It's like a bully trying to chase someone but tripping over their shoelace in the first step, love it. On self-driving: For several years the guy has been saying "next month" "next year" it's been like 10+ years at this point. He's a big…
Citation needed. The platform is more open and vibrant than ever, even going so far as to reinstate free speech that old Twitter shut down at the request of the US government. If anything, he liberated free speech and it shows.
This is about defrauding people who bought a tesla, not investors. > In 2020, Musk told a crowd in Shanghai that he remains “confident” that Tesla will achieve “basic functionality for level five autonomy this year,” referring to the SAE’s rankings of autonomy. Tesla’s technology, in 2024, is still at level 2. This reminds me alot of the Thernos case where she tried to make the case not about fraud but about an overl…
Earlier quoted context omitted.
As the article explains, wire fraud is about defrauding consumers, and securities fraud is about deceiving investors. Tesla is under investigation for both.
Wire fraud is nowadays just a catch-all for "crime involving money". Regardless of all other specifics of the case, it is a certainty that at some point someone sent a text message or used a computer, so that's what the feds will go after. Ran a scammy crypto exchange out of the Bahamas? Took money from investors for a failed blood testing company? Raised money for a political campaign but spent it on hookers? Paid a…
To oversimplify, a company is required to disclose risks, and everything is a risk, so it's security fraud if it's not in the disclosure, or if it's misrepresented in the disclosure.
1: https://www.bloomberg.com/opinion/articles/2019-06-26/everyt...
Securities fraud again, funny that the guy who "bought Twitter" and shut down free speech ended up getting sued himself due to his own tweet (lying about # of Teslas being produced). It's like a bully trying to chase someone but tripping over their shoelace in the first step, love it. On self-driving: For several years the guy has been saying "next month" "next year" it's been like 10+ years at this point. He's a big…
> "bought Twitter" and shut down free speech Citation needed. The platform is more open and vibrant than ever, even going so far as to reinstate free speech that old Twitter shut down at the request of the US government. If anything, he liberated free speech and it shows.
You reveal your lack of experience with Twitter, it's declined a lot.
Pretty sure you can't even link to a tweet (a xweet?) from a news article or blog post - they totally killed the platform, not sure where you've been.
Earlier quoted context omitted.
> "bought Twitter" and shut down free speech Citation needed. The platform is more open and vibrant than ever, even going so far as to reinstate free speech that old Twitter shut down at the request of the US government. If anything, he liberated free speech and it shows.
> The platform is more open and vibrant than ever You reveal your lack of experience with Twitter, it's declined a lot. Pretty sure you can't even link to a tweet (a xweet?) from a news article or blog post - they totally killed the platform, not sure where you've been.
Securities fraud again, funny that the guy who "bought Twitter" and shut down free speech ended up getting sued himself due to his own tweet (lying about # of Teslas being produced). It's like a bully trying to chase someone but tripping over their shoelace in the first step, love it. On self-driving: For several years the guy has been saying "next month" "next year" it's been like 10+ years at this point. He's a big…
[1] Edit: Founder -> CEO