Groover wrote:
ShinerBock wrote:
Dadoffourgirls wrote:
I hope the SEC applies the laws consistently! Anything Elon got away with should not be punishable to any other company/executive.
Don't think that would be the case. Elon has enough money to bribe or lobby his way out of things like he has in the past, Nikola does not.
It's is more like Elon is clearly the diving force behind Tesla and the largest stock holder. Any attempt to separate Tesla and Elon probably would have destroyed the company and done enormous damage to the minority shareholders. By leaving things alone the shareholders the SEC allowed the minority shareholders to get a 400% return on investment. That was hardly a disservice to anyone except the shorts who deserved what they got for actively trying to destroy the company and the value of the shareholders.
Fyi
Elon owns only 20% of Tesla shares
