Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

In the time between Elon's two tweets, enough trades could have occurred based on the misrepresentation that investors were financially harmed.

The point of the SEC is to prevent harms like that. The point of the SEC's 2018 settlement with Elon was to prevent him from investor-harming tweets like the one he made by requiring tweets about Tesla to be reviewed for accuracy and correctness before posting.



> In the time between Elon's two tweets, enough trades could have occurred based on the misrepresentation that investors were financially harmed.

Does it matter that it was outside of trading hours?


After hours trading is a thing, money can still be made or lost outside of trading hours.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: