DAVID: THE SEC ISSUING A $25
MILLION FINE OVER ELON MUSK'S
TWEET.
HE SAID THE TWEET HE POSTED THAT
LED TO THE SEC CHARGES WAS QUOTE
WORTH IT.
TRISH ARE'S GOT TO BE MORE
CAREFUL.
HE HAS TO DEAL WITH ALL THE
REGULATORS.
NONE OF IT IS FUN.
HE'S A BRILLIANT GUY.
HE HAD A BRILLIANT IDEA AND A
LOT OF SUCCESS THUS FAR.
BUT HE'S NOT EXACTLY THE
MANAGERIAL TYPE OTHER SEC TYPE.
HE SHOULD BE MORE CAREFUL ON
THIS GOING FORWARD.
IT'S LIKE SOMEONE ELSE WE KNOW.
>> I WOULD SAY HE DOES NOT WANT
TO BE A PUBLIC COMPANY CEO AND
THAT WAS THE DIRECTION HE WAS
GOING OF TAKING THE COMPANY
PRIVATE.
THE FBI IS SUPPOSEDLY
INVESTIGATING.
TRISH: DID HE GET ENOUGH MONEY
FROM THE PRIVATE EQUITY
INVESTORS.
>> IT WOULD BE UNDERRING IF HE
COULD GAIN IT THE SAME MULTIPLES
IN A PRIVATE EQUITY.
>> HE'S THE MOST OF BRILLIANT
CEO AND THE MOST OF DANGEROUS
BECAUSE HE KNOWS IT.
HE'S THE KING OF TWITTER FOR
CEOs LIKE TRUMP IS FOR
POLITICIANS.
IT'S FUNNY BUT SCARY THAT HE
DOESN'T UNDERSTAND REGULATIONS
LIKE THE SEC DOES.
MOST OF EXECUTIVES WOULD NOT BE
ALLOWED TO MAKE JEKS ABOUT THE
SEC COME THROUGH THEIR OFFICE.
HE WANTED TO GO PRIVATE IT SEEMS
LIKE OR MAYBE HE WAS JOKING TO
HIS RAPPER GIRLFRIEND AND MAKING
JOKES.
TRISH: ISN'T THERE ANOTHER
AUDIENCE HERE?
DOESN'T HE WANT TO TURN INTO THE
GUY EVERYBODY WANTS TO BUY FROM?
COME ON.
>> I THINK HE SOLD MORE CARS
THAN THE OTHER COMPANIES ALL
TOGETHER.
>> IS IT MAGIC WHEN YOU ARE
SELLING A $35,000 CAR.
>> HE ALSO WANTS TO SELL TO THE
MASSES.
THAT MIGHT TAKE A DIFFERENT
APPROACH.
SO THAT SCALABILITY WOULD
REQUIRE HIM HAVING A FAR LOWER
PRICE TAG AND MAKING MANY, MANY,
MANY MORE OF THESE VEHICLES.
THEN YOU GET BACK TO THE NEED
FOR THE PUBLIC MARKET BECAUSE
YOU HAVE GOT TO HAVE THE SCALE.
DAVID: COMPARED TO OTHER WONDER
KIDS.
ONE IS ZUCKERBERG.
EVEN THOUGH HE'S YOUNGER THAN
ELON MUSK.
HE SEEMS SO MUCH WISER.
I KNOW HE'S MADE A LOT OF
MISTAKES, BUT HE HAS A LOT MORE
MATURITY IN DEALING WITH THE
MARKETPLACE.
AND THE OTHER ONE IS JEFF BEZOS.
REPORTER: THE GOOGLE GUY WENT
OUT AND HIRED IT OUT.
ELON MUSK HAS BEEN FORCED INTO
THAT POSITION BY THE SEC.
>> THE BOTTOM LINE IS ZUCKERBERG
IS RUNNING A SOFTWARE COMPANY.
YOU CAN'T COMPARE IT TO MAKING A
$35,000 CAR.
JOHN DELOREAN WAS A GENIUS BUT
HIS COMPANY FAILED BECAUSE OF
THE LACK OF PRIVATE EQUITY.
THIS GUY MUSK WITHOUT THE ACCESS
TO CAPITAL DICE BAITABLE WHETHER
HE'LL WORK OUT.
HE ISN'T DOING WITH FORD DID AND
MAKE A CAR AFFORDABLE.
