Elon Musk, Time Person of the Year, has tweeted himself into trouble with the Securities and Exchange Commission (SEC) on more than one occasion. Most notably, when he declared he would take Tesla private for $420 a share, and recently when he polled the Twitterverse on whether he should sell some of his Tesla stock and pay taxes. Why is this a problem? Why does the SEC and the stock market care? Because whenever Musk tweets, the market moves.
On this episode my guests Cathy Hwang, Barron F. Black Research Professor of Law at the University of Virginia School of Law, and Benjamin Edwar