BREAKING: **Elon Musk Just Got Served & Sued [SEC]**

uh breaking SEC sues Elon in Twitter

stock purchase case so this is Mario

summary another Witch Hunt has started

bro that's what pisses me off about

Twitter it's like they're like we just

read the lawsuit it's like they did

everything not to file that lawsuit yet

your headline is another witch hunter

started let's now check out this United

States District Court versus uh well in

the this court SEC versus Elon Musk good

job Ken got these documents like a champ

look at that so very good okay so what

do we have here we have a bunch of uh we

have a bunch of case law conclusion

argument statement of fact so we only

have six pages of fact here and let's

start there so this is the intro we can

come back to that I want to see the

statement of facts so April 2022 the

commission issued an order directing the

investigation uh into the matter of the

sale of Twitter stocks so this has

basically been going on uh since uh

since 22 basically since when they

started buying it uh trying to

investigate Elon Musk for his

acquisition of Twitter okay great why I

would be very nice to know so we've got

some testimony here what is this as part

of the investigation on in June

2022 the SEC served musk with a subpoena

seeking his testimony musk appeared for

halfday session of testimony by video

conference this is what I'm saying by

the way this is the pain in the butt the

process is the punishment Elon got so

much going on does he want to sit on

Zoom for 6 hours that's a pain he's got

a live stream tonight he's got to live

stream his his Diablo game yeah yeah you

got got to get the gaming done that's

what he means by being busy oh that's

not good anyway okay since musk's last

half day testimony on July 27th 22 the

commission has received thousands of new

documents from various parties including

hundreds of new documents produced by

musk hundreds of documents produced by

musk indeed nearly half of the documents

musk produced to the commission were

produced after musk's last halfday

session okay so they're trying to build

up probably another request to subp like

to to do another interview with him in

light of this substantial new

information the SEC obtained following

the last testimony the SEC staff

discussed with musk counil the need for

musk to appear for another day of

testimony there it is okay the SEC

informed musk Council that at the time

it intended to subpoena musk in person

at the San Francisco regional office

although musk Council informed the SEC

of certain scheduling conflicts between

June and early August 2023 busy he's

busy at no point during the April 23

conversation did musk Council object to

appearing for another day so they're

basically like hey they never said he

wouldn't be available for another day

and now all of a sudden they're saying

he's not available for another day okay

uh on August 28th just over two weeks

prior to this is all really recent stuff

by the way I this was filed today yeah I

mean this is Juicy uh August 28th just

over two weeks prior to September 14th

date for mus testimony Council requested

that they move his

testimony by a day okay in requesting

that musk testimony be moved to day the

council raised no objection on for musk

appearing okay fine so they probably

gave him the extra day whatever okay

musk Council s okay on the 13th mus

Council sent a letter informing the SEC

staff for the first time that just

kidding musk isn't coming two days

before two days before I mean this is

like I'll be at your party and then two

days before JK you suck it's like he's

trying to like inverse the pain of the

process like he's delaying everything to

the last minute and then making them

push it back but you know it doesn't

work against a bureaucracy it

bureaucracy thrives off this man you

know they're sitting like oh so you

think you can game us e like this just

made their eight hour shift at work a

lot more fun like if I'm at the SEC and

I'm an SEC attorney I'm like oh I smell

a lawsuit I get to put my name on I mean

this is all resume building for them as

well a I mean this is normal okay people

they work at the SEC and uh then they

can go into private practice because you

have experience working for the SEC this

is this is great for the SEC the this is

the sec's job uh like the individual

bureaucrats like your job is basically

go after musk at this point which is

kind of like the get Trump thing right

like this is all these are resume

builders whether it's right or wrong

they're resume builders and musk job is

leave me alone I have these companies to

build unfortunately these have

Congressional authorization and you

building your businesses only works to

the extent of the law so unfortunately

like this is a losing battle like me

screwing like that in my opinion was

stupid to two days before rug pull them

all you're doing is pissing them off

like what are you what what are you

going to gain from pissing the SEC off

why and you're just delaying the

inevitable it's not going to make your

case better it's not going to make them

feel bad for you like if he's like you

know my child just had a pneumonia or

whatever and I was in the hospital with

him it's like they'll work with you but

just hey JK I'm not going to come wow

classic hardcore just came out I got to

spend a couple of weeks in front of the

screen did you say wow okay that's

Justified if if you had all the money in

the world literally you have the money

to buy countries and if you hated the

SEC that much and wanted to make a point

why wouldn't you want to try to make

their Liv lives miserable if you

financially have very little downside if

you have everything you need and you

have all the money to want to try to

make somebody's life's miserable because

you disrespect them that much why

wouldn't you because it's not just you

it's the SEC could prevent Twitter from

going public again they could if they

wanted to if they thought there was

fraud or something they could stop

trading of Tesla stock eliminating all

that liquidity for all the employees all

the shareholders the is incredibly

powerful and nobody should look at the

SEC and say I'm going to tell you I'm

going to show up on the 15th and then

give you the middle finger 2 days before

to make a point because what you're

setting yourself up like the extent to

which the law can go at making your life

miserable is so extreme that's not the

way to fight it the way to fight it is

the way companies traditionally do this

how does Apple fight the SEC it's hiring

sexy girls to be lobbyists in the halls

of Congress and changing the law because

if you can change the law then you can

go to the SEC with the law but you can't

fight the SEC and say I don't like your

law that you're enforcing no way in hell

it's a terrible idea uh like the power

of the SEC here it's it's you just have

to you have to roll out the uh and and I

know a lot of people might get mad for

saying this but but it's just it is what

it is if the SEC is asking you questions

you need to roll out the rubber mat and

get on your knees oh Jesus it's it just

is what it is okay or at least

pretend anyway let's keep going yeah so

on September 14th the SEC responded to

mus letter and address musk stated

objections on the 15th musk failed to

appear as required by the SEC subpoena

following must failure to comply with

the SEC subpoena the SEC attempted to

negotiate a new date I see like right it

didn't work well let's get a new date on

the 19th they sent an email uh you know

basically asking okay uh as one of

mustad objections was that the testimony

was scheduled for San Francisco where he

complained that he doesn't live well

right cuz he lives in Austin don't mind

the Gulf Stream that could get him there

in two and a half hours let's forget

about that uh okay the SEC we saw

well at least we saw a security detail

in Austin we went to uh the what is it

the millionaire FBO uh they had really

good cookies by the way like shout out

to millionaire Austin their uh their

little facility there uh it's probably

one of the nicest that I've seen and the

fresh cookies very few do fresh cookies

although there was one I think in Oregon

that had Otis spunk meire cookies there

was that that FBO in like Nebraska that

had the free ice cream that was okay

that's where we get our fuel oklah

that's the che fuel that's the that's

where you load up free ice cream too

yeah and free all right let's keep going

so the SEC also offered to conduct musks

testimony at Fort Worth Texas office

they're very accommodating they're so

accommodating wow look at this uh or any

of the commission offices across the

country there are 11 we will let you

suck our dick

anywhere what did SEC stand for suck

El back to the back to the

thing on seob 21st the SEC offered

potential testimony dates in November

they're being actually quite

accommodating here it's like any office

anytime in September October how about

November okay on the 24th musk Council

responded informing oh the SEC that musk

would not appear at any location this is

like I could just see uh it's kind of

like when when Ken has something he

comes over to me some like Kevin what

about this and I'm like no F that right

see that literally half of the things is

elon's Council saying Elon please do

this like please do it like we have like

ethics we have to follow please appear

in court and Elon literally just

replying one word no you were saying the

speaker of the house is the worst role

to take on right now I think it's elon's

Council how many people is do you think

is on elon's Council uh at least yes yes

yes yes that's where the R&D cost go oh

wait I thought that was a glass house oh

okay all right the next day the SEC sent

a letter to musk Council asking that

musk con the commission uh if he had

reconsidered and would agree wow dude

wait a minute this is extremely like if

I'm a judge I'm like bro they gave you

every chance they rescheduled they're

like how about a different date how

about a different office how about okay

all right you told us you wouldn't now

we're going to wait 5 days and we're

going to let you think about it and

we're going to go how about now have you

reconsidered are you still busy you're

being subpena like this is important

let's see what the reply is uh

no yeah I know his attorneys are like

Elon you have to go like this he's not

going this is I don't know if he's is he

trying to like make Twitter more popular

by getting this like it because it's

like a it's like Trump on Truth social

almost where it's like you know uh oh oh

what like I tell I I mentioned it to you

guys this morning like let's see what

the latest is Trump said go log on to

truth social or whatever it's like you

kind of have to go there to see latest

you know that's I think he's playing

checkers he just really doesn't want to

go I think he's more simple than that

it's like mid curve it's like trying to

think of this conspiracy I think Elon

just hates the SEC that much that he

just will refuse there's no doubt about

that there's no doubt that his had is

very high but but he's not the problem

is he's not helping himself by doing

that like uh you know what i' I've said

this before in the past and by the way

the rest here is really just case law

and filing and stuff like that like a

lot of this is is not really that's

where the argument end but I've said

this before about Elon I think what Elon

needs is like a real friend that can

just tell him when he's being a [ __ ]

idiot because he does not have that

right now I I don't know whom he's got

around him but somebody who read what we

just read would and and was a confidant

of Elon Musk would tell him to his face

stop being an idiot this is not worth it

and literally this this lawsuit is not

alleging that he's wrong or that he's

he's done anything bad or that he's

about to get F it's literally just

trying to compel him to show up and talk

to the SEC which you're required to do I

don't know do you know who he in this

what else is he saying on Twitter by

this is my second so my laptop just died

so if you see me on my phone that's why

unb in his book The only person he

references as a mentor in his like later

stage is Larry Ellison that's who he

calls his mentor and who goes to for

advice when he was trying to buy a

Twitter he went to Hawaii and was hang

he sleeps at Larry Ellison's house when

he goes to Hawaii and so his planing can

make it to Hawaii huh oh [ __ ]

[Laughter]

[ __ ] mine can't it's cuz your PE pe's

small yeah well look I mean they're

they're friends you can have in Hawaii

but you have to ask yourself how how

often is he in Hawaii you know uh the

the reality here is you you you need he

needs somebody like like in his life

daily and he just lost the CFO at Tesla

which I think may have been a version of

that Ates weird yeah that was cuz on the

earnings called that prior quarter he

said yeah I have my successor in mind if

anything happens to me if I need to step

everybody thought it was Zach yeah

everybody and then Zach disappears

there's a lot of conspiracies about

maybe he just can't have

friends you know I I feel bad for him

because I think his mind never rests he

said that himself before too uh but uh

but but this is is not that he'd ever

watch this but my point is like somebody

needs to tell him that he's being

incredibly shortsighted with this go go

you know send a letter now and you know

what you can even say it on Twitter

right like you want the drama go if it

is if it's Checkers or whatever it is

you just say it on Twitter and just say

you know what uh I've reconsidered I'm

going to meet with the SEC because you

know what I've done nothing wrong I have

nothing to hide you know how hard is

that he responded to that person saying

that so he tweeted under the when he got

sub painted by the SEC that we just

talked about saying that we should like

investigate all uh agencies

and they somebody asked will this

actually happen he said probability 100%

do you think that he's trying to what is

what is his plan because this is what's

going on I see what you're saying look

do should agencies be supervised duh

should agencies be audited of course

should the findings of those audits be

transparent absolutely does Gary gendler

know what he's doing with crypto

probably not but uh you know what may

like maybe he'd be here with us right

now if he was look we'll interview you

Gary if you want to come on come on over

here we'll interview you but but maybe

he'd be like you know what we just

haven't figured out the right way to do

it yet you know who who knows who knows

like maybe there's a reason but uh but

that doesn't mean anything it it's not

helpful what he's doing because frankly

if you read the actual lawsuit you look

at it it literally reads like Elon

you're an idiot now don't get me wrong

this is just the sec's POV right but

here are the types of tweets that do

well on Twitter uh uh breaking SEC Su

and Christian when you get a chance we

could throw this up uh Christian is is

playing Legos right now he's he's

Christian you're great we love you man

uh sorry I totally sandbagged you so

anyway uh breaking SCC sues Elon in

Twitter stock purchase case so this is

Mario summary another Wich hunt has

started bro that's what pisses me off

about Twitter it's like they're like we

just read the lawsuit it's like they did

everything not to file that lawsuit yet

your headline is another witch hunter

started it's been going on since April

if you want to call their investigation

of witch hun it's been going on since

April of 2022 but this is not first of

all nothing new has started there simply

asking for him to show up and talk to

them this is ridiculous very

accommodating by the SEC to do what they

did exactly but but that's not popular

if I wrote a tweet right now and said

the SEC was very accommodating to Elon

Musk he should show up and stop being a

little [ __ ] it would get 20 likes okay

I wonder we you should tweet that and

see what the comments are and see what

happens I'm not even going to waste my

time because I know you know whereas

this has you know it's been posted for

40 minutes it has over a thousand likes

already and let's see what their

breakdown is uh here oh these are a few

okay the SEC which began investigating

Elon musk's purchase of Twitter in 2022

is now suing to force him to testify and

comply with their

okay like why is that so bad like if you

issue you a CPA but of course that's

that's not the main part of the Tweet

the main part of the Tweet is look at

all the other stuff they're going after

right it's like well well if we actually

went deep into the lawsuit like we did

then we go ah Elon you're you're being a

dumbass here I I don't know maybe that's

the unpopular opinion but whatever it's

it's what I believe and I'm gonna say it