Source: http://www.crazydaysandnights.net

If I had to spend all day with criminal defense lawyers, I too, would probably get sloshed in a bar.

That is what our celebrity CEO was doing last night.

Surprise trip to the city to meet with them about criminally defending him against accounting fraud charges.

Elon Musk

Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit

Securities and Exchange Commission officials were understandably taken aback on Thursday morning when Tesla’s board — and its chairman, Elon Musk — abruptly pulled out of a carefully crafted settlement.

After the S.E.C. responded by accusing Mr. Musk, but not the company that he had co-founded, of securities fraud, the board further defied regulators, issuing a provocative statement saying that the directors were “fully confident in Elon, his integrity, and his leadership of the company.”

It was a stunning reversal: The board had rejected a settlement that was extraordinarily generous — it would have allowed Mr. Musk to remain as chief executive, and required him to step down as chairman for only two years. Now, the company was at risk of losing Mr. Musk as chairman and chief executive if regulators prevailed in court.- Source

Elon Musk’s Tesla files for a trademark of ‘Teslaquila’

Tesla has filed an application with the U.S. Patent and Trademark Office to trademark “Teslaquila.”

CEO Elon Musk teased a Tesla-branded tequila earlier this year as part of an April Fool’s joke on Instagram.

This is the first federal trademark application filed by Tesla in 2018. – Source


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