Elon Musk's Tweet was Irresponsible, Reckless, Says Ex-SEC Attorney

The video discusses the SEC's investigation into Elon Musk's tweets about Tesla, focusing on whether social media is a valid channel for corporate disclosures under Regulation FD. It explores the legal implications of using platforms like Twitter for significant announcements and the potential need for regulatory clarity. The SEC's possible responses, including sanctions for non-compliance, are also examined.

What responsibilities do CEOs have when making public disclosures on social media?

How can the SEC ensure that social media is not an unreasonable channel for investor disclosures?

What steps should Tesla take to clarify the situation surrounding Elon Musk's tweets?