this post was submitted on 26 Jul 2023
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[–] [email protected] 1 points 1 year ago (1 children)

A lot of new regulations for the financial services. Like truly a lot.

[–] [email protected] 1 points 1 year ago (1 children)

Yeah, lots of regulations in building cars and space ships too.

[–] [email protected] 1 points 1 year ago (1 children)

I have good news. He is not complying to regulations with Tesla nor with SpaceX. He has multiple lawsuits going on for tesla and Elon musk's behavior has been ruled to be in violation of labor laws. SpaceX had issues with the FFA due to broken launch licenses. Thanks for making my point

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

If he wasn’t complying with regulations he wouldn’t be able to sell cars or launch rockets.

Lawsuits are irrelevant in lawsuit happy countries like the US.

[–] [email protected] 1 points 1 year ago

https://www.reuters.com/business/retail-consumer/german-region-fine-tesla-illegal-construction-2021-07-08/

He would be able... And there is a big difference between the regulations that he fulfils and the ones that he doesn't. Everything that is not directly needed to get the money, he doesn't want to do.

Please look into his regulatory issues before saying things like "lawsuits are irrelevant" and "he couldn't sell cars". It shows a lack of understanding of the reality of a state of law.