Lying to investors is not okay, and OP describes a CEO who they believe is flagrantly lying.
This is a kind of "excitement" no company needs.
This is a kind of "excitement" no company needs.
Citation needed? It would be good to have a (probably impossible to perform) study that compares the performance of companies where CEO is lying vs the ones where they're only telling the truth. From my personal experience, I've seen a lot of success built on lies.
The two of you have different priorities. You are both right and both wrong.
It's not really the kind of thing that requires a citation. However it's trivial to Google and see there are a whole range of opinions on the matter.