Billionaire Musk takes a dig at SEC just days after settlement
Billionaire Musk takes a dig at SEC just days after settlement
Elon Musk Twitter swipe at US markets regulator: 'Shortseller Enrichment Commission'
07 October, 2018, 08:40
"Just want to [sic] that the Shortseller Enrichment Commission is doing incredible work", he said. Short interest was $10.19 billion, with more than 33 million shares shorted, or almost 26% of the company's float.
The SEC had sought to remove Mr Musk from... The tweet may test the boundaries of an agreement not to deny wrongdoing, and a federal judge still has to decide whether the penalties levied against the CEO are appropriate.
The SEC did not respond to requests for comment on Nathan's order and Musk's tweet. On Monday - after the settlement was reached - the shares surged 17 percent.
But two days after the settlement, Musk had already raised eyebrows by tweeting out the video for OPP, a 1990s hip-hop tune by the group "Naughty by Nature", along with a winking emoji, at 1:22 am California time.
The deal also calls for Tesla to pay a $20 million fine and vet any social media posts by Musk that could have a material impact on the company's finances. "He wasn't vindicated, and it is needling at him".
Some Tesla directors have proposed James Murdoch to succeed Elon Musk as its Chairman.
"I'm shocked", Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of DE, said of Musk's attack on the agency. If the settlement is struck down, the SEC would likely move towards enforcement-it's unlikely they would be as lenient in that case.
"That's why we're looking for independent directors because we want to make sure that they are looking for the interest of shareholders and not the interest of themselves".
The tweet came just hours after U.S. District Court Judge Alison Nathan in Manhattan ordered Musk and the SEC to submit a joint letter justifying the terms of the settlement by October 11.
The judge gave Tesla and the SEC one week to submit a joint letter explaining the settlement in further detail. However, the winking emoji at the end of the caption appears to suggest something else, not to mention it comes from Musk who loves to stir controversy on Twitter. In August, he tweeted that he was considering taking Teslaprivate at $420 a share.
Like the famed Helen of Troy who launched a thousand ships in Homer's Iliad, Musk has once again started a barrage of tweets because of his rebellious nature.
Still, the stock sank following the announcement and is continuing to slide Wednesday as analysts look to Tesla's third-quarter earnings later this month.
The judge was angry after Jason Van Dyke showed up late to a Thursday evening hearing after jurors began deliberating. But O'Donnell said that he had no information on whether Van Dyke knew if McDonald was high on PCP when he was shot.
This works with pretty much any device, whether it's an old Roku streaming stick or Google Chromecast Ultra . It's marketed as a separate device as it can be used with most of the current range of Fire TV products.
Senator Pat Toomey (R-Pa.) released the following statement regarding the recently announced U.S., Mexico, Canada trade agreement. O'Connor said these issues could be addressed by Congress before it approves the trade agreement.
Democrats and Republicans appeared to agree, at least superficially, on one thing: The behaviour of senators has been unbecoming. Murkowski announced Friday that she would be pairing her vote with Daines as a professional courtesy and a gesture of goodwill.
Speaking to reporters early Wednesday afternoon, Murkowski said: "I thought the president's comments yesterday mocking Dr. There are facts that she can not remember: "how she got home, how she got there, where the house was, what the date was".
Cozzolino "was bleeding from the right ear", according to the report, and he was later treated at a local hospital. In his statement, which the New York Times published on Saturday , Ludington said those assertions were false.
Jose Quintana pitched six-hit ball into the sixth inning and Anthony Rizzo homered, but Chicago's bullpen faltered in the eighth. The Brewers strung together four straight hits in a three-run fourth, capped by Kratz's two-run single.
Following the 0-0 draw with Los Che, Mourinho was asked whether or not he had heard what Scholes said. "This is me. Next up for Mourinho and United is a home match against Newcastle in the Premier League this weekend.
This is an outrage. "It isn't about taking back control, it's about fantasy world", Mr Hammond told ITV's Good Morning Britain . But he warned: "If we cheat the electorate - and Chequers is a cheat - we will escalate the sense of mistrust".
After the match, Hazard caught up with Sturridge in the tunnel and Chelsea's star man made a light of the Liverpool striker's stunning equaliser.
Trump's 2nd Supreme Court pick Kavanaugh sworn in
Capitol to protest the confirmation vote of Supreme Court nominee Brett Kavanaugh on Capitol Hill, Oct. 6, 2018, in Washington. But a more fundamental question is at stake, Supreme Court Justice Elena Kagan said Friday night at Princeton University.
Melania calls Kavanaugh 'highly qualified' for Supreme Court
US first lady Melania Trump went on a short safari on Friday in Kenya, the third country on her almost week-long Africa tour. First lady Melania Trump boards a plane at Jomo Kenyatta International Airport in Nairobi, Kenya, Saturday, Oct. 6, 2018.
Arms deal expected as Putin visits India
Deliveries of the S-400 will begin in 24 months, at the end of 2020, a government source told The Hindu . Later, Modi hosted a private dinner for the visiting dignitary.
Nokia 7.1 forums are now open
Like the rest of Nokia's fleet of smartphones , the 7.1's chassis is crafted from a single block of aluminium. The Nokia 7 .1 runs Android 8 .1 Oreo out of the box and comes affiliated to the Android One programme.
India vs Windies, 1st Test, Day 2, Rajkot
Pujara too looked at ease at the other end until he was caught behind off debutant Sherman Lewis , missing out on a 16th Test ton. Their lead pacer, Kemar Roach, was already ruled out of the series opener due to a bereavement in the family.
Angus has concerns about new trade deal
Perth made up 11.45 per cent of last year's milk production in Ontario while Oxford led the way with just over 12 per cent. In a news release, Dairy Farmers of Canada , say they're "deeply disappointed" about Canada's concessions in new deal.
Chinese Wary as Putin Visits India for Arms Deal
Moscow is also pushing for India s entry into the Nuclear Suppliers Group of countries controlling access to nuclear technology. New Delhi also wants to show that its defence needs can not be subjected to the whims and fancies of another country.
Saudi oil output reaches record highs, cooling oil prices
Trump continued the pressure campaign at a campaign rally in MS on Tuesday, where he offered some details about the conversation. USA weekly Midwest refinery utilization rates dropped to 78.9 percent, their lowest since October 2015, according to the data.
Buehler leads Dodgers past Rockies
Monday's losers will be back on the field Tuesday, forced to face off in the single-game elimination NL Wild-Card Game. After manager Mike Scioscia announced he was stepping down, his team beat Oakland to win the season finale at Anaheim.