SpaceX requires employees to agree to some unusual terms related to their stock awards, which have a chilling effect on staff, according to sources and internal documents viewed by TechCrunch.
All of those statements existed to either drum up investment money or get people to buy non-existent products. So those things are examples of securities fraud too.
The “midas touch” is basically just securities fraud. Something he can’t get away with forever.
In what sense? Lying about the actual capabilities of the business? Full autonomous drive next year and Mars at 2022?
All of those statements existed to either drum up investment money or get people to buy non-existent products. So those things are examples of securities fraud too.