Elon Musk Drops New Twitter Bomb on the SEC

Elon Musk Drops New Twitter Bomb on the SEC

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What do you do after the SEC forces you to step down as chairman of your organization and fork over a $20 million tremendous? Name them large fats dumb-dumb heads on Twitter, for those who’re Elon Musk.

On Friday, the billionaire Mars-enthusiast blasted out the next to his 22.eight million followers:

In case you do not get it, we’ll break it down:

“Simply need to that the Shortseller Enrichment Fee is doing unbelievable work. And the title change is so on level!”

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So Elon has rebranded the Securities and Change Fee because the Shortseller Enrichment Fee. (He additionally appears to have ignored a phrase at first of the sentence, however we’re not right here to nitpick.) “Quick sellers,” as it’s possible you’ll know, are buyers who mainly place bets that the inventory they promote will drop in worth. Quick sellers are usually disliked as a result of they generate income when everybody else loses cash. Acquired it? So when he says “nice job” he does not actually imply it. Then he mainly makes the identical joke about their names. We’ll wait so that you can catch your breath from laughing.

Time will inform if this has any impact on Tesla’s inventory costs, however within the meantime, Elon, can we make a suggestion? In the event you’re going to insist on attacking folks and establishments on Twitter, perhaps use a few of your billions to rent a comedy author? Do not get us fallacious, we love the mission to Mars, self-driving Teslas — you are so good at so many issues, however perhaps go away the jokes to Carrot High and that man with all of the puppets?

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