THE POUND HAD BEEN FALLING OVER
THE PAST COUPLE OF DAYS.
IN THE MEANTIME, ELON MUSK
ROCKING THE WORLD WITH THE
UNVEIL OF THE MODEL Y AND
PREPARING FOR ANOTHER
MEGA-UNVEIL IN JUST 48 HOURS.
BUT IS THE CONTROVERSIAL CEO'S
OWN WORLD ABOUT TO BE TURNED
UPSIDE DOWN BY HIS OWN BOARD?
CHARLIE.
>> LET'S TAKE A LOOK AT THE
STOCK.
I THINK THESE ARE TWO THREATS TO
THE STOCK PRICE.
ONE, A DIRECT EXISTENTIAL
THREAT, WHICH IS ELON MUSK'S
LEADERSHIP OF TESLA, WHETHER
HE'S STILL GOING TO BE THE CEO.
AND THE OTHER IS HIS LEADERSHIP
OF SPACEX, WHICH DOESN'T HAVE --
IT'S A PRIVATE COMPANY, IT
DOESN'T REALLY DIRECTLY IMPACT
TESLA, BUT I THINK IF THIS THING
TURNS OUT BAD ON THE SPACEX
SIDE, YOU CAN SEE SOMETHING
HAPPEN WITH THE STOCK.
HERE'S WHAT WE KNOW.
TWO MAJOR DECISIONS ARE GOING TO
COME DOWN FOR ELON MUSK IN TERMS
OF HIS LEADERSHIP OF BOTH THOSE
COMPANIES, SPACEX AND TESLA,
OVER THE NEXT MONTH, 30 DAYS
FROM WHAT WE UNDERSTAND.
NUMBER ONE, YOU SEE THE STOCK IS
UP BUT IT'S OFF ITS HIGHS.
LIZ: UP 2%.
>> YEAH, BUT TAKE A LOOK AT THE
INTRADAY.
LIZ: YEAR TO DATE.
OFF THE HIGHS OF THE YEAR.
>> ONE IS THE SPACEX DEPARTMENT
OF DEFENSE SECURITY CLEARANCE
DEAL FOR SMOKING POT ON THE JOE
ROGAN PODCAST.
WHAT SOURCES INSIDE THE DOD IS
TELLING US, THEY ARE PLANNING TO
MAKE SOME SORT OF RULING.
THEY COULD SUSPEND HIM, THEY
COULD REVOKE HIM TOTALLY, THEY
COULD DO NOTHING.
LIZ: EVEN THOUGH WEED IS NOW
LEGAL IN SO MANY STATES.
>> NOT LEGAL IN THE FEDERAL
GUIDELINES, HAVE A SECURITY
CLEARANCE, NOT SUPPOSED TO BE
SMOKING WEED IN PUBLIC.
HE ACTUALLY, JUST SO YOU KNOW,
HAD TO RESUBMIT HIS SECURITY
CLEARANCE TO SAY IF HE SMOKED
POT, PROBABLY LISTING THE JOE
ROGAN PODCAST.
THEY WILL MAKE THAT DECISION IN
THE NEXT MONTH.
HERE IS -- IF THEY SAY NO TO
THAT, IT COULD HAVE AN IMPACT,
I'M TELLING YOU, ON THE STOCK.
NOW, HERE'S SOMETHING THAT WILL
HAVE A DIRECT IMPACT ON THE
STOCK, WHETHER A FEDERAL JUDGE
AGREES WITH THE S.E.C. THAT ELON
MUSK VIOLATED THE TERMS OF HIS
SETTLEMENT WITH THE S.E.C. OVER
THAT ERRANT TWEET, TAKING TESLA
PRIVATE AT 420, AND WHETHER HE
VIOLATED THE CONSENT DECREE
WHICH ESSENTIALLY SAYS YOU HAVE
TO RUN EVERYTHING BY A LAWYER
AND YOU HAVE TO MAKE SURE IT'S
ACCURATE.
REMEMBER, HE PUT OUT ONE TWEET
ABOUT PRODUCTION NUMBERS, HE
WASN'T REALLY ACCURATE.
LIZ: 500,000, WHOOPS, I MEANT
400,000.
>> WHATEVER.
IN ANY EVENT, IF THEY THROW THE
BOOK AT HIM ON THAT, IF THEY
REMOVE HIM AS CEO, AGAIN, BIG
PROBLEM FOR THE STOCK.
EVEN THOUGH -- EVEN THOUGH, YOU
KNOW, HE COULD STAY AS CREATIVE
DIRECTOR.
SO WHAT WE ARE HEARING INSIDE
TESLA IS THAT THEY ARE BRACING
NOT FOR REMOVAL OF HIM AS CEO,
SOMETHING LESS THAN THAT.
THEY DON'T THINK THE S.E.C.
WANTS TO DESTROY, IMPLODE THE
STOCK.
WHAT WE ARE HEARING FROM INSIDE
TESLA IS THAT THEY THINK THERE'S
A CHANCE, A CHANCE, THAT THE DOD
COULD, COULD SUSPEND HIS
SECURITY CLEARANCE ON SPACEX.
NOW, I'M JUST TELLING YOU WHAT
I'M HEARING FROM INSIDE, WHAT
THEY ARE PROGNOSTICATING, NOT
SAYING IT'S GOING TO HAPPEN, BUT
BOTH OF THESE THINGS ARE COMING
DOWN IN THE NEXT 30 DAYS.
IF YOU THINK TESLA IS EVER GOING
TO GO BACK TO JUST A REGULAR
COMPANY THAT JUST GETS SORT OF
SMOOTH PRESS, IT AIN'T.
THE NEXT 30 DAYS ARE GOING TO BE
WILD.
LIZ: CHARLIE, THANK YOU.
I THOUGHT I WAS GOING TO FIGHT
WITH CHARLIE BUT I DON'T HAVE A
BONE TO PICK WITH HIM JUST YET.
I DIDN'T KNOW WHAT YOU WERE
GOING TO SAY.
I WAS GOING
>> WHY DO YOU LIKE THIS GUY SO
