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Comment by UpshotKnothole | Hacker News Reader

What an asshole, and what a stupid thing to do. He has a responsibility to the company and not just his immense ego, and that responsibility is long term. Taunting the SEC while still under DOJ investigation and facing a number of lawsuits is reckless, obnoxious, counterproductive, and borderline sociopathic.

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Note the bit about agreeing to nominate two independent directors to replace himself:

>Musk's settlement with the SEC requires him to give up his position as chairman of Tesla's board for three years.

>Tesla will also be required to appoint two additional board members who are independent of Elon Musk

Prediction: Next crisis comes when, after maximum stalling, he nominates weak shills. Ball back to the SEC.

I think that Musk's "taunt" is exaggerated. It can easily be read as a way of reinforcing his personal "brand" contra his apparent genuflection to the SEC. (And if Musk's reputation is so important to Tesla as some believe, it makes sense.)

well, after a tweet that costed that much money, i would probably never tweet again if I were him. however, it was a naughty by nature youtube link, so I guess that is rather harmless

The fine was roughly 0.1% of his net worth. Seems negligible, from a relative perspective.

He probably sees his net worth fluctuate more than that every day purely due to investments.

Yeah, being booted off the board, required to install two independent board members, and facing a criminal investigation are probably the bigger deals than the cash.

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