* After reading The Times' article on Saturday morning (and after writing this post, based on that article), I heard again from The Times that afternoon, in a "Breaking News" bulletin. This "breaking news" bulletin said that Musk has made a deal with the S.E.C. after all. In other words, Musk came to his senses, or some of his advisers made him act responsibly. (Again, the parallels with the decision-making process employed by our president are striking). The S.E.C. lawsuit mentioned in this blog post will not go forward. While the facts about the lawsuit have changed since I wrote this blog post, I believe the point I make here is still worth making. We need to have a remedy for political and corporate leaders who think their subjective beliefs should be taken for the "truth," just because those leaders say so!
An article it today's Times (October 3, 2018), gives even more information on Musk's initial demand that Tesla should refuse the advantageous S.E.C. deal, and why Musk then subsequently capitulated. As finally agreed to, the advantageous settlement for Musk and Tesla is a little bit less advantageous than the first offer, though it is still a real "deal" for both both Musk personally and for the company.