this post was submitted on 16 May 2024
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I bet if this goes to trial his lawyers are just going to argue that no reasonable person would believe these claims. That is just hyperbole there for it is not fraud.
Maybe, but you could easily argue that no reasonable CEO would make such claims. And any company that size should have levels of review and therefore liability if there were people who clearly knew it was false.
Totally, though the hyperbole defense is real and much easier to argue. They will just say that Musk is part hype man for Tesla. Rhetorical hyperbole has been confirmed by the supreme Court to be a first amendment protected activity. You may feel this is dumb, but was also how John Oliver was able to repeatedly tell Bob Murray to eat shit.