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this post was submitted on 11 Jun 2023
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Technology
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There's no stock to tank. You could argue that he's trying to tank the company, but there are easier ways to do that.
Yes there are, but he's already with the SEC breathing on his neck for other scams so I guess he wants plausible deniability.
There's no stock or similar security, so the SEC doesn't care at all. Could be a plausible deniability thing, I just think it's more likely that he really is that dumb, given the stories about Tesla/SpaceX having teams that basically existed just to control him.