Tesla Accuses SEC of Harassment
In a letter to a U.S. District judge, an attorney for Tesla describes how the SEC tries to “muzzle and harass Mr. Musk and Tesla.” Tesla claims that the SEC monitors Elon Musk’s Twitter, yet hasn’t distributed settlement funds to shareholders.
We see strong language throughout the letter, for example, “gone beyond the pale,” “formidable resources,” “endless, unfounded investigations,” “broken its promises,” and “police.” The last paragraph reads as follows:
“Enough is enough. Mr. Musk and Tesla write in the hope that the Court can bring the SEC’s harassment campaign to an end, while ensuring that the SEC finally delivers, at long last, on its commitment to Tesla’s shareholders and this Court.”
The letter is an example of persuasive communication, with the lead strategy emotional appeal. Although logical arguments are included, the language and medium emphasize what the company perceives as irrational. We get the sense that Musk is personally targeted. We’ll see whether the letter gets the desired results.