Tesla's Elon Musk on '60 Minutes': 'I do not respect the SEC'

Tesla's Elon Musk on '60 Minutes': 'I do not respect the SEC'

This weekend CBS News aired a wide-ranging interview with Tesla and SpaceX CEO Elon Musk during which he reflected on his companies, his erratic behavior, his pot smoking, and even the SEC.

The last point was nearly immediately touched on by Stahl after Musk had informed her that Tesla was, in fact, not policing the CEO's Tweets as required by the settlement.

Robyn Denholm, an Australian telecommunications executive, was appointed chairwoman of Tesla's board last month, replacing Musk as part of as part of a securities fraud settlement with USA government regulators.

Tesla chief executive Elon Musk has said nobody is vetting his tweets months after a dispute with the US Securities and Exchange Commission over social media posts that sent Tesla's share price soaring.

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"I want to be clear, I do not respect the SEC, I do not respect them", Musk said when asked about the SEC lawsuit brought against Musk earlier this year. "They needed to see that however hard it was for them, I would make it worse for me", he said in the interview. There's no option.Musk on the charges of abusive conditions at Tesla factories:Well, it's important to emphasize that there's been an aggressive campaign by the UAW to absolutely attack Tesla with a load of nonsense in-in order to try to unionize the company. And I didn't really want to try to adhere to some CEO template.

"Well, I guess we might make some mistakes".

He says he uses Twitter to express himself. I'm just being me. In the end, he got to remain as CEO while stepping down as chairman for at least three years. Musk on nearly bankrupting Tesla to meet Model 3 production goals:There's been relentless criticism-relentless and outrageous and unfair. "Yeah. It, it's not realistic in the sense that I am the largest shareholder in the company. And I can just call for a shareholder vote and get anything done I want".

Later in the interview, Musk continued to slam the SEC's decision to strip him of his Board Chairman title. Musk said there's been an "aggressive campaign" by the United Auto Workers to attack Tesla with a "load of nonsense" in an effort to unionize the carmaker. He said Tesla would consider buying any plant that rival GM closes as part of a restructuring plan that could cost up to 14,000 jobs.

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