How the SEC Could Act Against Tesla

The transcript discusses the SEC's investigation into Tesla following Elon Musk's 'funding secured' tweet. It highlights the seriousness of the subpoena, the potential penalties for Musk and Tesla, and the possible liability of Tesla's board. The SEC's investigation could lead to criminal charges, and the inquiry may extend beyond the tweet to other aspects of Tesla's operations.

What does the issuance of subpoenas indicate about the SEC's investigation into Tesla?

• The investigation is complete.

• The investigation is formal and serious.

• The investigation is being delayed.

• The investigation is informal and preliminary.

Why was the $420 per share offer price considered problematic?

• It was approved by the board.

• It was a standard market price.

• It was chosen for better karma.

• It was based on thorough analysis.

What could be a consequence for Musk if found guilty of fraud?

• A promotion within Tesla.

• A reduction in stock price.

• Jail time and fines.

• A public apology.

How does the SEC view each false statement made by Musk?

• As a single infraction.

• As a non-issue.

• As multiple infractions.

• As a minor error.

What responsibility does the Tesla board have in response to Musk's statements?

• No responsibility at all.

• To make corrective disclosures.

• To support Musk's statements.

• To ignore the situation.

What is the SEC's approach to the investigation beyond the 'funding secured' tweet?

• They will investigate all related matters.

• They will conclude the investigation quickly.

• They will ignore other issues.

• They will only focus on the tweet.

What does the SEC's prior subpoena to a Tesla parts supplier suggest?

• The SEC may have an ongoing investigation into Tesla.

• The SEC has no interest in Tesla's production issues.

• The SEC is only interested in Tesla's tweets.

• The SEC is not concerned with Tesla's financial practices.