In the first round with the SEC he clearly had what he said he had but because it damaged financial saboteurs that pass them selves off as investors and clearly because the confidential terms of his offer fell through and he couldn't disclose them he ended up eating it. But you can tell Musk and people that want Tesla to succeed were hugely unsatisfied with the ridiculous SEC action felt it was massively unjust and probably wondered about the quality of counsel which changed after the unjust decision went into effect. And of course all that went down under a time of massive stress and in the midst of constant attempts to attacks the companies stocks and access to capital. Now with the new row apparently timed again by the SEC to negatively affect share value at a critical juncture and create controversy out of nothing Musk repeats the office public guidance made public by the firm in its financial filings but then apparently corrects down in the conservative direction in a way that would protect investors- I mean what is he supposed to do mislead them? But since there is some technicality the SEC is asking the judge to hold him in contempt. This is a time when the integrity of our institutions is under enough question especially over fossil fuel related crime and criminality and this apparent in the pocket entity looks to clearly be messing with first amendment rights. Could well be mistaken but I thought under the APA you can personally go after the head of an agency if they violate your rights, maybe it could be done as a class. SEC seems to have been relying on him being too busy to fight back for what is right- really taking advantage. In a way I like where this is going, public officials should be held to absolute honesty when addressing the public but that goes for news outlets (they cannot get paid for lying every American recognizes that as a huge aggravation not an exoneration) and for Presidents.
Could be retaliation against CA for fighting the Wall just like Fed agency attack on green train project in CA- but how do you retaliate over resistance to efforts to destroy the Constitution? Or allowing PG&E to pass regular NG losses on to home owners through home insurance rate increases- where's the home insurance that is green and isn't complicit in investing in socializing constant and ever increasing Fossil Fuel losses. Maybe CA should join any suit against SEC? Suspect simple transparency on SEC actions will be enough. Musk was right Short Enrichment Commission. Can't have the very agency meant oversee and stop market corruption creating it but the appearance her of that happening is incredibly strong. Most concrete concern here is SEC trying intentionally to damage Tesla's financial position by denying it proper access the the capital markets on debt payment which it can cover but ordinarily given super strong performance would not have to- talk about picking losers. All all this crap the corrupt EPA position with Wheelers: "this is not a negotiation"- while engaging in the "social engineering" of picking as side is a prove non winner?
