General Elon Musk Fukkery Thread

nyknick

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arstechnica.com

Musk subpoenas Elizabeth Warren days after she called for Tesla investigation

Warren urged SEC to examine Musk's actions while running Twitter and Tesla.
arstechnica.com arstechnica.com

Musk trying to block FTC probe​

The subpoena was filed with US District Court for the Northern District of California as part of a case in which Musk is trying to terminate a privacy settlement that Twitter and the FTC agreed on last year before Musk bought the company. Musk is also trying to avoid an FTC deposition and wants the court to "rein in" the FTC's ongoing investigation into Twitter's privacy and data practices.

The subpoena of Warren demands "all documents relating to the SEC letter, including any drafts," and all communications relating to the letter sent or received by Warren since October 27.

Next, the subpoena asks for all communications between Warren or Warren's office with the FTC "between October 27, 2022 and the present relating to X Corp. or Elon Musk, and all documents relating to any such communications." The subpoena makes an identical request for all such communications with the SEC.

We contacted Warren's office about the subpoena today and will update this article if we get a response.

X Corp. last week claimed the FTC's investigation into Twitter is "tainted by bias" and that "the FTC's desire to depose Mr. Musk derives from the same bad faith and improper conduct that has characterized its investigation to date." The argument is similar to past claims by Tesla that the SEC "harass[ed]" Musk.

Warren’s call for SEC investigation​

Musk will have some new headaches if the SEC heeds Warren's call for an investigation. Warren's letter said the "composition of Tesla's eight-person Board raises concerns about whether it is in violation" of a rule requiring that a "majority of the board of directors must be comprised of Independent Directors."

"Members of the Board with known ties to Mr. Musk or Tesla include Mr. Musk himself; Mr. Musk's brother, Kimball Musk; Ira Ehrenpreis, a 'longtime friend' of Mr. Musk who helped design his record-breaking compensation package and explored limiting the disclosure of its details to investors; James Murdoch, Mr. Musk's friend of almost 20 years who vacations with him; and J.B. Straubel, a former Tesla executive whose election to the Board in May of this year was opposed by both proxy advisory firm Glass Lewis and an investor group over concerns about Straubel's role as a 'company insider,'" Warren wrote.

Warren alleged that these "close relationships may explain the Board's persistent inability or unwillingness to address the concerns posed by Mr. Musk's actions." According to Warren, that includes the "possible misappropriation of Tesla resources by Mr. Musk's funneling of 'more than 50 of his trusted Tesla employees' to work on his Twitter takeover, including Tesla's Chief Information Officer and other senior staff."
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Marco Arment (@marcoarment@mastodon.social)

Can we please pronounce it “ten”
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SirTapTap 🎮🏳️‍🌈:roundboi: (@SirTapTap@mastodon.social)

Let me tell you the secret of the "Everything App". It's real, it's not called X, and it's about 33 years old. It's called a Web Browser. Despite a decade of walled gardens trying hard to ruin it, you can still do pretty much any task you need on the web. You can even make websites into apps...
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Renee DiResta (@Noupside@saturation.social)

Attached: 1 image Voluntarily killing the Twitter brand is a really incredible choice. “X”, besides being lame (“xeeting?” “Xing?”) creates an explicit new association with the tone & tenor the place has now, which will likely weaken advertiser interest. He’s built the first...
saturation.social saturation.social
 
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Blackgate said:
Twitter look janky and fake now. Like a shoe with a swoosh on one side and three stripes on the other. How goofy is it to type twitter.com in the address and end up on a site called x. I would be thinking that site trying to give me a virus or something.
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:troll: Just like ordering $60 pairs of Roy Bahns that are on Sale.
 
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