Hello and welcome to the Tuesday March 19th

2019 edition of Tesla Daily Unofficial Tesla Podcast. My name is Rob Maower. Today we are talking

about the SEC's continuing case against Elon Musk for contempt of their settlement agreement,

as well as catching up on a couple more pieces of news.

Tesla stock on the day today did finish down 0.75% to $267.47 cents,

this compared to the NASDAQ up 0.12%.

So to catch people up with where we're at in the SEC case last week on March 11th, so Monday,

Elon Musk's lawyers responded on his behalf to the SEC's case against him for the contempt charges of the settlement agreement.

I didn't have a chance to talk about that response on the podcast, but I did read it last week and at the time

thought that it was a very well stated response and provided a lot of justification for Musk's actions.

And as you may remember when the SEC originally brought the case, I was a little bit more middle

of the road.

I didn't necessarily agree with the SEC's case,, I did understand some parts of it. I thought that

Musk's response addressed those parts well. So where we're at today is that the SEC has replied to

Elon Musk's response to their original case.

And in my opinion, in this reply, the SEC

looks much, much less reasonable, even quite foolish,

I would say, than they did with their first filing.

On the fourth page of their filing,

when they start to get into their,

the real meat of their reply here,

they say that, quote, had Musk sought to comply

...