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Will Elon Musk be sanctioned for Tesla buyout tweet?

On August 7, Elon Musk tweeted "Am considering taking Tesla private at $420. Funding secured."

In the days since, there has been no followup information about what funding has been secured. News reports indicate even Tesla's board of directors have not been given any detailed information.

The SEC is reportedly investigating this as a possible case of illegal market manipulation.

Will Musk face serious repercussions from his tweet?

This will resolve positive if, by the end of 2018, Musk is indicted for market manipulation or other related crimes on the basis of that tweet, or if Musk is forced to step down from his role as CEO of Tesla and that tweet is mentioned as part of the basis of that decision, or if he is fined by the SEC or some other regulatory body in an amount exceeding USD $1M.


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Use the community stats to get a better sense of the community consensus (or lack thereof) for this question. Sometimes people have wildly different ideas about the likely outcomes, and sometimes people are in close agreement. There are even times when the community seems very certain of uncertainty, like when everyone agrees that event is only 50% likely to happen.

When you make a prediction, check the community stats to see where you land. If your prediction is an outlier, might there be something you're overlooking that others have seen? Or do you have special insight that others are lacking? Either way, it might be a good idea to join the discussion in the comments.