Elon Musk talks pot, the SEC, and Twitter flame wars

Tesla likely to acquire shut GM plants claims CEO Elon Musk

Elon Musk is pleased that American auto giant GM may become a serious contender against Tesla, but also would consider buying its closed factories, he has said in an interview.

Musk: The only tweets that would have to be, say, reviewed, would be if a tweet had a probability of causing a movement in the stock. "Otherwise, it's hello 1st Amendment". Like, freedom of speech is fundamental.

"I want to be clear: I do not respect the SEC", Musk said. " Challenged on how this could be determined if no one is actually checking them, he just says that they "might make some mistakes sometimes". I do not respect him".

Musk spoke on CBS' show "60 Minutes", broadcast. There were also several other conditions, including a requirement for Musk to step down as chairman of Tesla's board (he remains CEO) and for Tesla to institute some form of oversight over Musk's tweets to prevent similar situations from occurring in the future.

President’s and Vice President’s Chiefs of Staff to Depart by Year’s End
They also need to look the part, as Trump typically wants someone from "central casting" who commands respect. On Sunday, however, Ayers announced that he, too, will be leaving the administration at the end of the year.

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The key is giving a good chunk of money back to the people, Wesleyan University environmental economist Gary Yohe said. But broader discontent with the government has spread, and protests have erupted over several other issues.

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The addition of a no Brexit option is a new development by PM May who has always argued that no deal is better than a bad deal. May's minority government governs with a working majority of 13 thanks to its deal with the 10 DUP lawmakers.

In a wide-ranging interview with Lesley Stahl, Musk made no apologies for his erratic behavior over the summer and reiterated his lack of respect for the Securities and Exchange Commission, which sued him in September for allegedly defrauding investors after tweeting that he wanted to take the company public at $420 a share and had "funding secured".

Some corporate governance experts have highlighted what they described as weaknesses in the SEC's settlement, primarily the fact that Musk did not have to admit guilt, and the absence of stronger requirements to change the makeup of the board, where Musk retains significant power. "They needed to see that however hard it was for them, I would make it worse for me", he said in the interview. "Some people use their hair", he said, "I used Twitter". (Editors" note: CNET is owned by CBS, which airs 60 Minutes.) "If somebody's gonna jump in the war zone, it's, like, "Okay, you're in the arena".

Musk admitted he is notorious for missing deadlines. "So it's like, just because I'm dumb at predicting dates does not mean I am untruthful". Or anything. I don't know how to smoke anything, honestly. "How am I supposed to know with precision when it's going to get done?" "We're probably less than 6 months from that, but that's our mission".

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