Monday, December 10, 2018
Asking For It
Elon Musk is asking to be sanctioned by the government with his blunt comments. He says he doesn't respect the SEC, and he maintains he can do what he wants with Tesla since he is the largest shareholder. Daring regulators to take action is unwise communications. They are likely to look for an opportunity to unseat him as CEO. Musk is an unguided missile and his relations with the government have never looked worse. He might well discover in the near future that one should get along with regulators as much as possible. It is basic government relations. Instead, he now sounds and acts arrogant and unapologetic.
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