Musk's Tesla 'Price Too High' Tweet Potentially Breached SEC Accord: Harvey Pitt

The video discusses Elon Musk's controversial tweet about Tesla's share price being too high and its potential violation of an SEC agreement. It explores whether the SEC will take action, considering more pressing issues like COVID-19. The video also examines possible consequences for Musk's behavior, including legal implications and the impact on Tesla's capital raising efforts.

What was the main concern regarding Elon Musk's tweet about Tesla's share price?

• It was a positive influence on the market.

• It was a strategic business move.

• It was a personal opinion with no consequences.

• It was a violation of the SEC's amended accord.

Why might the SEC be hesitant to take action against Musk's tweet?

• They have already resolved the issue.

• They have more pressing issues to address.

• They fully support Musk's actions.

• They lack the authority to intervene.

What is one potential measure to address the volatility caused by Musk's tweets?

• Ignoring the tweets entirely.

• Banning Musk from using Twitter.

• Requiring a risk factor disclosure when raising capital.

• Increasing the company's stock price.

What is a potential legal consequence for Musk's actions?

• Private litigation against him.

• A promotion within the company.

• A public apology.

• A reward for transparency.

What is generally expected of CEOs regarding statements about their company's stock?

• They should make personal opinions public.

• They should always increase the stock price.

• They should frequently update the public.

• They should avoid influencing the market price.