{"id":138114,"date":"2024-12-13T01:01:44","date_gmt":"2024-12-13T01:01:44","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/12\/13\/elon-musk-is-mad-at-the-sec-again\/"},"modified":"2024-12-13T01:01:44","modified_gmt":"2024-12-13T01:01:44","slug":"elon-musk-is-mad-at-the-sec-again","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/12\/13\/elon-musk-is-mad-at-the-sec-again\/","title":{"rendered":"Elon Musk is mad at the SEC again"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The Securities and Exchange Commission is preparing \u201cnumerous counts\u201d against Elon Musk, according to a letter from his lawyer that <a href=\"https:\/\/x.com\/elonmusk\/status\/1867357433493872874\" target=\"_blank\">Musk posted to X<\/a>.  It has also \u201creopened an investigation into Neuralink.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The letter is short on specifics \u2014\u00a0such as what the charges may be, and how many Musk companies are affected. Instead, Musk\u2019s lawyer, Alex Spiro, complains that \u201cthe Commission Staff issued a settlement demand that required Mr. Musk agree within 48 hours to either accept a monetary payment or face charges on numerous accounts.\u201d Even this is somewhat unclear; presumably, Spiro means that Musk would <em>pay<\/em> a penalty rather than accept money from the SEC.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The letter characterizes this history as \u201cmore than six years of harassment.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">It is unclear from Spiro\u2019s letter whether the charges the SEC is pursuing have to do with the Twitter matter or something else. <a href=\"https:\/\/www.theverge.com\/2024\/5\/8\/24151881\/tesla-justice-investigation-securities-wire-fraud-self-driving\" target=\"_blank\" rel=\"noopener\"><em>Reuters<\/em> previously reported<\/a> that the Department of Justice was probing whether Tesla\u2019s self-driving claims were actually securities fraud. In 2023, <em>Reuter<\/em>s reported that <a href=\"https:\/\/www.reuters.com\/technology\/us-lawmakers-ask-sec-scrutinize-musk-comments-neuralink-2023-11-22\/\" target=\"_blank\" rel=\"noopener\">lawmakers had asked the SEC<\/a> to probe Neuralink over Musk\u2019s comments about the safety of the company\u2019s brain device.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Musk also asked his AI, Grok, to draw a picture of Gensler. The <a href=\"https:\/\/x.com\/elonmusk\/status\/1867357990140944434\" target=\"_blank\">image depicted a snail<\/a> in a business suit, seemingly a reference to Gary the Snail from <em>Spongebob Squarepants<\/em>, a television show for children.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2024\/12\/12\/24320060\/elon-musk-sec-alex-spiro-tesla-neuralink-twitter\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission is preparing \u201cnumerous counts\u201d against Elon Musk, according to a letter from his lawyer that Musk posted to X. It has also \u201creopened an investigation into Neuralink.\u201d The letter is short on specifics \u2014\u00a0such as what the charges may be, and how many Musk companies are affected. Instead, Musk\u2019s lawyer, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":138115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-138114","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/138114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=138114"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/138114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/138115"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=138114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=138114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=138114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}