It was never about Tesla. The SEC is going after his ass because of SpaceX being a threat to the political class that's in bed with all those government contractors (his competitors).
There is a constituency of businesses disrupted by Musk who don't mind using social engineering to attack all things Musk and pollute the mindspace with their propaganda, or buying Congressmen to oppose his efforts. As we learned from the Manafort drama, such work has highly paid experts eager to receive that deposit into their offshore accounts.
But this is Musk's game too. He has skills in this regard or such FUD would have killed his prospects already years ago. He's taking on Boeing, Ford, GM, Fossil fuels (Saudi, BP, Exxon), nuclear power, etc. And all the nations with launch business (Russia, China, India, etc). His enemies list is pretty much the Fortune 500 and every country on Earth. If he goes missing the police are going to have a harder time finding non-suspects than suspects.
And he's fine with that. It's all going to plan. He knew when he set out to save his species from extinction that his works were not going to be popular, or they would not be necessary. We are more 100x more predisposed to extinction than the dinosaurs were, as they made it 100 million years and we seem unlikely to crack the million years mark.
What's remarkable to me is how much he seems to be enjoying making fools of them all. Stoking their ire and poking the bear as if building a self sustaining colony on another planet was insufficiently challenging and he wanted to inspire the opposition to step up their game.
I don't know why he has a problem with the short sellers. A short sale is a gamble that his stock will go down, which cannot possibly exist unless there is a counter party willing to take the other side of that bet and put their money on his stock going up. Many people who believe he cannot possibly fail buy stock in his companies and then rent out their shares to his naysayers and use the money they earn in that way to buy more shares. The long and short interest in Musk stocks is a self-reinforcing commitment to volatility against a predictable trend. Long and short sellers are gambling on whether they can predict the direction of motion and attracted because he is generating a lot of motion (volatility). They are drawn like moths to his flame for no other reason than that he is succeeding in being disruptive and controversial - which are primary goals of his. It's probably an ego thing he hasn't considered: for every stupid person willing to offer their money to bet against him there is a smart person willing to take that bet, and so there is balance in the bets that moves money from the stupid to the smart and he is the conveyor belt.
Hubris is a sin and he's guilty it. I can hope there is no human living who can make him do penance for this sin because that would be the end of Mankind. If he fails to deliver an interplanetary human species there will be no other, more capable human to repeat the attempt. And that means that eventually the last of my offsprings' heirs will die without issue, my genome will become dust as yours will, all the history struggles art and works of Men throughout all time will come to nought as the passage of time erases all evidence that we ever did exist.
/My first /. post in 4 years. Things have changed around here, so be gentle.