Dispute with the SEC – and make Tesla nervous
Musk has gotten into trouble with government regulators several times, including the SEC, which in 2018 accused him of defrauding investors when he falsely claimed he had the funds to privatize Tesla, likely pushing up the share price. .
Musk was fined $40 million for his move in a court-approved settlement, removed from his position as chairman of Tesla, and forced by his lawyers to start posting his tweets.
But he didn’t stop there.
The SEC warned Musk for another tweet in May 2020, saying he violated a pre-approval agreement after Tesla’s share price closed 10 percent lower that day than the day before. The Securities and Exchange Commission said his tweet is subject to review, although the agency has yet to take action.
Billionaire fights politicians
In the fall of 2021, Musk took aim at proposals by Washington Democrats to tax the profits of billionaires, known as the Billionaire Tax.
He then referenced this tax proposal when he tweeted the results of a survey in November asking his followers if he should sell 10 percent of his Tesla shares.
And he transferred this struggle to specific politicians with harsh positions. He was heavily criticized for this response to Senator Bernie Sanders (I-Vt.).
Earlier this year, he deleted a meme tweet with a photo of Hitler with the words “Stop comparing me to Justin Trudeau,” responded to reports that Canadian officials had ordered banks to block cryptocurrency donations as part of the government’s response to the devastating trucker convoy protests.
Musk used Twitter to share his thoughts on everything from his disapproval Covid obliges to limit lies about how the virus affects children.
He has a few tweets about the pandemic that don’t age well, such as when he wrote in March 2020 that Covid “panic is stupid.”
Users were also outraged when Twitter decided not to delete Musk’s tweet saying children were “essentially immune” to Covid, although children can become infected, spread and – albeit rarely – become seriously ill or die from the virus.
Musk has also long been known for his entertaining and quirky approach to Twitter. These tweets need no further explanation.
Musk’s recent activity
Even as he closed the deal to buy Twitter, Musk was a heavy user, and he doesn’t seem to be slowing down.
If he maintains his presence on the site, perhaps users will get used to seeing polls from the future owner of Twitter while he looks for ways to customize the platform.
His recent tweets at least give an idea of what Musk thinks about the company’s future and what he can prioritize as a new owner, like free speech. We’ll be keeping an eye on his feed to see if this could mean changes to how Twitter moderates content, or even the return of former President Donald Trump.