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Cartoon of the Day: Funding Secured? - 08.14.2018 Pinocchio Tesla cartoon

Last time we checked, Tesla remains a public company. It is subject to the rules and regulations of the SEC. And while the SEC may not take issue with its CEO using Twitter to announce he was considering taking Tesla private, former SEC chairman Harvey Pitt has said that it would be a violation if Musk’s tweet wasn’t entirely accurate. In other words -- yes -- it matters enormously if funding was in fact secured before Musk tweeted that it was.

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Cartoon of the Day: Funding Secured? - cartoon of the day