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Maybe a dumb question, if it takes years, and in that time tesla becomes profitable enough that Elon takes it private, could he escape some of the penalties that way?

Like, did he realize that since the trial will take so long that by the time it is done, he will be able to circumvent some of the harsher penalties?

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No, the penalty is being permanently barred from being an officer or director of any public company. If he goes to trial, there isn't going to be any middle ground.

Sounds just.

But would that impact him if he were to take Tesla private before being barred (as in this hypothetical, he wouldn't be an officer or director of a public company, just of a private one)?

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