Online Public Relations Thoughts

The US Securities and Exchange Commission has stated that Elon Musk, CEO of Tesla, has violated his agreement with the SEC to have his material tweets approved by his lawyers before issuing them.  The agency cites two violations from 2019 and 2020.  Musk has run afoul of the SEC before and that is the reason it signed an agreement with him to monitor his tweets before they were issued.  Apparently that did not happen on two occasions.  Musk is known for loose lips, stating whatever comes to mind whether or not it runs afoul of regulations.  His fans love it.  The SEC and investors do not.  His pronouncements often have a tinge of flackery, promoting what is to come whether it does or not.  The government is not amused by publicity that doesn't come true because it is stock manipulation. Musk is getting himself into PR hot water and he could be scalded if he fails to pay attention.  He could lose the privilege of tweeting, much like the former president of the US.