What is Musk’s endgame in baiting the SEC? – The Wall Street Journal

Billionaire Elon Musk has made it a habit to hold up the middle finger to the Securities and Exchange Commission.
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JOHANNESBURG — Billionaire Elon Musk has made it a habit to hold up the middle finger to the Securities and Exchange Commission (SEC). Whether it's brave or stupid, Musk has stirred a controversy that just isn't going to go away. The question now is how the SEC will react to Musk's latest barbs and what the endgame is in all of this. One also has to question whether this is a case of regulation lagging innovation, where social media and the instant publishing medium of the internet has completely upended traditional forms of communication, particularly in the financial and investment worlds. Either way, Musk's rebellion against the SEC could make for a good MBA case study one day. – Gareth van Zyl

Opinion | Crazy Elon vs. the SEC, Round Two

By Holman W. Jenkins, Jr.

(The Wall Street Journal) – If Elon Musk didn't have more compelling things that require his attention, we might say he has the Securities and Exchange Commission right where he wants it. He seems intent on blowing a big hole in the agency's credibility when it comes to enforcing public company disclosure rules.

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