Thread by @MelaynaLokosky

United States Securities and Exchange Commission v. Elon Musk
NOTE: Tesla $TSLA is NOT name in the SEC civil lawsuit.
Expect the Board to remove Musk
#TheSociopathicBusinessModel #FraudFormula
scribd.com/document/38961…

"...false and misleading statements made by Elon Musk..."
"...during trading hours, Musk tweeted to his 22 million followers..."
The #Tesla $TSLA board flipped on Musk to avoid prosecution by SEC
#TheSociopathicBusinessModel #FraudFormula #ForcedAccountability
#SECvMusk

"...not knowing..."
Musk will try and use this to shift blame without taking accountability. It will NOT work his time.
#TheSociopathicBusinessModel #FraudFormula #ForcedAccountability
#SECvMusk

Manage expectations: SEC fines will include a finite period of time and will not be as remarkable as many will want or expect.
Like #Theranos, the real charges will come from DOJ in criminal investigation.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula

Seriously, I learned on Twitter that Elon Musk is NOT a co-founder of $TSLA, get it together SEC.

#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability

Tesla CEO Elon Musk put the nail in his own SEC coffin.
November 5, 2013 @Tesla filed 8-K stating that Musk intended to use his @Twitter account to announce material information to the public about $TSLA
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability

Shout out to the short sellers from SEC $TSLA #Tesla $TSLAQ
This is a #REDFLAG towards a DOJ criminal investigation. ANY ethical company doesn't care about short sellers. Companies committing fraud DO.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability

Taking Tesla Private:
$TSLA CFO walks in halfway through the meeting-Not good for MUSK.
The Fund likely DID NOT want Musk as part of the deal & why talks went NO further.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability

Come the fuck on...the Fund wanted Tesla production in Middle East.
Musk DID NOT DISCUSS the connection between taking private and production in the Middle East.
These guys were at 2 different meetings.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability

Okay, I literally laughed out loud "...meeting lacked discussion of even the most fundamental terms of a proposed going-private transaction."
TLDR: Elon Musk Lied
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability

Who the ever-loving-fuck sends an email to their board about taking the company private? Someone who is afraid of #ForcedAccountabililty
1. Publicly expose negative truthful information
2. Federal legal intervention
Shout out to the $TSLA short sellers
#SECvMusk

Well, Azealia Banks was proven right. And so was I, Elon Musk is NOT a visionary, he's a pedestrian poser. #Gross
Elon Musk set the price at $420 to impress his girlfriend, Grimes.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability $TSLA #Tesla

Musk's market manipulation was done WITHOUT consulting the BOARD.
If the board doesn't fire him today, activist shareholders should SUE the company. PS, you'll be paying for Musk's attorneys
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability $TSLA #Tesla

Musk made the going private statement WITHOUT consulting the BOARD
AND
on a 50% hunch that it would NOT WORK (HOLYFUCK)
Not hard to image he has the reckless nature regarding building cars.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability $TSLA #Tesla

Elon Musk met with at least ONE board member stating it would be "really difficult for small investors" to remain shareholders.
Not how it works, private pulls in ALL shares (big/small)
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability $TSLA #Tesla

Here's the meat of the SEC complaint against Elon Musk:
He lied, lied again and lied some more.
-July 31- August 7 no substantial talks w Fund
-Funding NOT secured
-Did NOT contact investors
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability $TSLA #Tesla

-Musk did NOT provide BOARD w proposal
-DID NOT contact existing shareholders
-DID NOT retain ANY advisors
-DID NOT determine if retail investors could remain
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability $TSLA #Tesla

-Elon Musk DID NOT determine whether there were restrictions on illiquid holdings by Tesla's institutional investors
-DID NOT determine what regulatory approvals would be required
#SECvMusk #TheSociopathicBusinessModel #FraudFormula #ForcedAccountability $TSLA #Tesla

One thing is VERY clear. Tesla CEO Elon Musk did ZERO research before tweeting about taking the company private.
Institutional shareholders had to be below 300 Tesla has 800.
Musk, not good at math or being a CEO.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA

Frauds hate being challenged and often double down when exposed, as Elon Musk did multiple times according the SEC complaint.
If the Board hasn't fired Musk by the time I read this complaint shareholders, SUE.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

Tesla CFO & General Counsel are complicit with Musk. If the board doesn't fire all three immediately, $TSLA activist shareholders should sue. All are knowingly and willingly committing fraud.
A-hem DOJ #LookHERE
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

A new one for the history books: #CEO career suicide by #Tweet.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

Elon Musk "did not notify Nasdaq prior to publishing his August 7 tweets."
Musk is NOT a visionary, he's a fraud who finally got caught.
Hiding behind innovation as a manipulation to evade the law. #Nope
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

#RedFlag ANY company concerned about short-sellers is worried about their unethical & illegal behavior being exposed.
THIS is JUST the tip of the @Tesla iceberg.
Shout-out to the short sellers.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

#RedFlag AGAIN ANY company concerned about short-sellers is worried about their unethical & illegal behavior being exposed.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

One thing is certain, SEC DOJ & FBI LOVE when criminals commit fraud, timestamped and out in the open. It makes their jobs SO much easier.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

Musk abused shareholder and staff alike:
Head of investor relations to Musk's chief of staff "Was this text legit?"
A business reporter texted Musk's chief of staff, "Quite a tweet! Is it a joke?"

#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla

"Are you messing around?"
Investment bank emailed @Tesla Investor Relations "In the tweet he said financing is secured but in the letter he does not address this. Can you clarify?"
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla #ElonMusk

"Firm offer means there is a commitment letter or is this a verbal agreement?"
Tesla Investor Relations: "I actually don't know..."
All accomplices eventually become victims under #TheSociopathicBusinessModel as head of IR learned hard way
#SECvMusk #FraudFormula $TSLA #Tesla

"In a blog post, Musk attempted to walk back his August 7 statement..."
Again, nothing SEC, DOJ & FBI LOVES better than frauds who publicly time-stamp their work. Makes investigations go MUCH faster. 😉
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

Musk caught bold-faced lying to his employees, consumers, shareholders and the public who pay for federal investigations.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

"Given the feedback I received..." Musk was caught lying and tried to walk to unsuccessfully walk it back.
-Manipulation of facts
-Poor behavioral control
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

False and misleading statements
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

"Musk's statements were premised on a long series of base-less assumptions and were contrary to facts that Musk knew."
I suppose liar, liar, pants on flame-thrower fire wouldn't have been profesh
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

Musk knew:
1 board had not voted on any proposal
2 did not disclose material facts
3 many uncertainties
4 was reckless
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

Musk omitted material facts
Musks tweets caused market chaos & harmed @Tesla investors.
Gawd, how many astroturfing people #WhiteKnighting for Musk will TRY & excuse his ILLEGAL behavior?
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

Claim of Relief
Simply: Musk committed securities fraud.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk

Prayer of Relief
The biggies:
#Disgorgement (Musk must pay money)
SEC DOES NOT want Musk holding ANY executive position in a publicly traded company.
Yep, neither do I.
#SECvMusk #TheSociopathicBusinessModel #FraudFormula $TSLA #Tesla
#ElonMusk
(end of thread)

As suspected: When Elon Musk was on Joe Rogan on September 6, 2018
Musk likely KNEW or SUSPECTED he was taking the #FedFall when he buttered-up the government on Rogan's show.
#SECvMusk $TSLA #Tesla $TSLAQ SEC

https://twitter.com/MelaynaLokosky/status/1037946077989588994