Fifty-one days was quick work by the Securities and Exchange Commission, especially since it reportedly included reaching a negotiated settlement with defendant Elon Musk that would have curbed his authority but allowed him to remain in leadership at Tesla. At some point, we’ll hear why at the last minute he rejected the deal. In the meantime, nothing about the episode necessarily will allay the fears of those who suspect Mr. Musk makes decisions while on grass.
Yet the pillars of his defense may be stronger than many think....