Elon Musk Suggests That Tesla Would Buy A Factory That GM Is Closing…. And Says A Bunch Of Other Things That Will Attract Negative Attention

In an new interview with the CBS program 60 Minutes, Tesla CEO Elon Musk suggested that Tesla would buy a factory that GM is closing. Partially mirroring what I suggested after GM made the announcement that they were closing a number of factories. Though not specifically saying which one that he might be interested in buying. Now while that part of the interview will be of interest to people who are affected by GM’s plant closures. But what will likely attract attention is the rest of the interview where he says the following:

  • Nobody is overseeing is Tweeting despite the fact he’s gotten into trouble with the SEC by saying things on Twitter that he should not.
  • He can get “anything he wants” from Tesla’s board despite the fact that he is no longer on the board due to getting into trouble with the SEC as he is the largest shareholder.
  • He “doesn’t respect” the SEC.

Both of these items will attract a lot of negative attention. And do not be surprised if the SEC who has already slapped Musk once decides that he needs to be slapped again. But much harder.

Leave a Reply

%d bloggers like this: