This just makes me think of Kleiman v. Wright, where Craig Wright (among many, many other shenanigans) claimed that a printout of an email wasn’t an email, it was a piece of paper. That didn’t end up going the way he wanted.

There’s no stock or similar security, so the SEC doesn’t care at all. Could be a plausible deniability thing, I just think it’s more likely that he really is that dumb, given the stories about Tesla/SpaceX having teams that basically existed just to control him.

There’s no stock to tank. You could argue that he’s trying to tank the company, but there are easier ways to do that.