Taking Tesla Private Won’t Banish Elon Musk’s Woes
Elon Musk may be considering taking Tesla private for all the wrong reasons.
Elon Musk may be considering taking Tesla private for all the wrong reasons.
It seems that some county officials in Collin County, Texas, knowingly, or inadvertently, have taken inconsistent positions over the power of the judiciary to interfere with their governing powers. They took one position in May in a brief to the Texas Supreme Court, but some of them are now taking the opposite position when making a decision about paying what could end up being over a million dollars for prosecuting the Texas Attorney General.
The highest criminal court in the Lone Star State has declined to hear the securities fraud case against Texas Attorney General Ken Paxton. A spokesman for Paxton said that the Attorney General is looking forward to going to trial before a jury.
The federal court judge presiding over the civil Securities and Exchange Commission action against Texas Attorney General Ken Paxton has dismissed the case. In a statement obtained by Breitbart Texas, Attorney General Paxton said, “I appreciate the judge’s thorough review and I am gratified by his dismissal of the entire case.”
A federal judge hearing the case from the Securities and Exchange Commission (SEC) against Texas Attorney General Ken Paxton said he wonders if the prosecution is trying to fit a “square peg in a round hole.”