Browsing Category
Tesla
Elon Musk says $20 million fine, for a tweet worth it
(Reuters) - Tesla Inc, Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the U.S. Securities and Exchange Commision was “Worth It”.
The…
Reports : FBI to investigate criminal probe in Tesla Model 3 productions
According to a Wall Street Journal report, "FBI is reviewing a Tesla's Model 3 production numbers as apart of an ongoing criminal probe into whether the company misled investors or not."…
Tesla Caught up in Another Lawsuit for Labor Law Violation
In a series of lawsuits that have plagued the growth of the automotive giant, Tesla Motors finds itself caught up in another lawsuit over labor law violation. A federal judge ruled that…
Musk Agrees to resign as Tesla Chairman under SEC Settlement
Tesla chairman Elon Musk has agreed to step down as Chairman of the company and pay $20 million to financial regulators in a settlement with SEC. Musk, however, will still remain the CEO of…
Tesla in Troubled Waters After SEC Lawsuit
The electric car manufacturing company Tesla found itself mired in a lawsuit filed by the US regulatory body Securities and Exchange Commision (SEC). Elon Musk, CEO of the firm has been…