Originally Posted by
abrown83
Looks like Elon came up with an out that I didn’t discover.
Chances of TSLA going to zero have now decreased, if he is permanently barred from running a publicly traded company.
Oh wow, Federal district court, in SDNY filing...(pretty good track record)....wants to bar Musk from any executive role in future. Is he too big (i.e. GOD) to fail?
EDIT: This is a ploy to get Elon to settle with the SEC. They know that the company would be worth considerably less without him, so they're saying "WE'RE SERIOUS. SETTLE. GIVE US MONEY and MAKE US LOOK IMPORTANT".