Securities and Exchange Commission officials are looking into another bid to remove drug-addled billionaire man-boy Elon Musk from running a publicly traded company – namely Tesla – over his late disclosures of Twitter share purchases prior to his 2022 buyout, the Wall Street Journal reports.
The Journal got their hands on testimony from Musk in a deposition to the SEC after it surfaced in discovery in an Oklahoma firefighter pension fund’s lawsuit against Musk last month. In it, the asshole admitted to ignoring a rule requiring him to file a notice once his interest in Twitter passed 5 percent, waiting until his stake was at 9 percent and he was offered a seat on the board – while he and an adviser told a bank they were following the rule. The whole point of the scam was to keep Twitter’s share price from surging if other investors had known. Which they would have.
The South African dipshit saved at least $143 million on the scam, per the Journal, whose article overall seems to characterize this as a much stronger case than previous efforts to dickpunch Musk.