What. What. Look, again, my assumption was always that the SEC has a videotape of Musk saying it was a weed joke. Perhaps I am wrong. But what if I’m right! If you are a plaintiffs’ lawyer in this case, you had better be calling the SEC for that videotape. If you are the SEC — and the SEC has taken a lot of abuse from Musk in recent years and wouldn’t mind sticking it to him a bit — you had better be calling the plaintiffs’ lawyers and offering it to them. Frankly if you are the SEC you ought to clip that videotape and email it to me to publish in this newsletter! Honestly what is this newsletter for if not to litigate whether Elon Musk’s habit of buying, or pretending to buy, companies for prices that involve the number “420” is a weed joke?
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‘Enforcement 40’ for 2020
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