Elon Musk: "I have no respect for the SEC"

you tweet a lot i i use my tweets to express myself some people use their hair i use twitter well but you use your tweeting to to kind of get back at critics rarely you kind of have little wars with the press twitter is a war zone if somebody's going to jump in the war zone it's like okay you're in the arena let's go his war zone tweeting drew fire when out of the blue in august he tweeted quote am considering taking tesla private at 4 20 funding secured the sec disputed that claim and charged him with securities fraud the case was settled with musk agreeing that his communications relating to the company including twitter would be overseen by his board have you had any of your tweets censored since the settlement no none does someone have to read them before they go out no so your tweets are not supervised the the only tweets that would have to be say um reviewed would be if fh wheat had a probability of uh causing a movement in the stock and that's it yeah i mean otherwise it's a hello first amendment like premium speech is fundamental but but how do they know if it's going to move the market if they're not reading all of them before you send them so i guess we might make some mistakes who knows are you serious you know he's perfect look at you i i i i want to be clear i do not respect the sec i do not respect them but but you're abiding by the settlement aren't you because i respect the justice system

Channel: 60 Minutes

Views: 2,213,727

Keywords: 60 Minutes, CBS News, elon musk, securities, exchange, lesley stahl, tweeting, xompany, tesla

Id: cRNypdYQoWk

Length: 1min 46sec (106 seconds)

Published: Sun Dec 09 2018