1/ To those who claim that Musk can avoid public co reporting by taking Tesla private through a fund structure, and keep most Tesla shareholders without exceeding SEC 500-2000 shareholder cap for non reporting companies, I present to you SEC Rule 12g5-1(b)(3). $TSLA. RT.
2/ "If the issuer knows or has reason to know that the form of holding securities of record is used primarily to circumvent the provisions of section 12(g) or 15(d) of the Act, the beneficial owners of such securities shall be deemed to be the record owners thereof."
3/ Translation: The contents of Musk Tweet's yesterday were pulled out of a certain orifice.
4/
