Musk’s Tesla Tweets Didn’t Defraud Investors, Jury Says
SAN FRANCISCO — A jury on Feb. 3 decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla.
Closing Arguments in Tesla Trial Keep Musk Center Stage
Elon Musk’s lawyer told a jury the Tesla Inc. chief executive officer has been “falsely accused” of defrauding investors and argued that the billionaire is not a “fire-breathing tweeting monster.”
Tesla Gets Justice Department Subpoena for Self-Driving Features
The U.S. Justice Department has requested documents from Tesla Inc. related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing.
January 31, 2023Tesla Profits Beat Estimates
Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.
Tesla Invests $3.6 Billion in Nevada Factories for Batteries, Trucks
Tesla Inc. is investing $3.6 billion in two new factories to build electric vehicle batteries and its all-electric Semi heavy-duty truck near an existing production site in Reno, Nev.
Musk Returns for Day 3 of Tesla Investors Trial
SAN FRANCISCO — Elon Musk returned to the stand for a third day on Jan. 24 in federal court in San Francisco to testify in a trial stemming from a class action lawsuit.
Musk Oversaw Video That Exaggerated Tesla’s Self-Driving, Emails Show
Elon Musk oversaw the creation of a 2016 video that exaggerated the abilities of Tesla Inc.’s driver-assistance system Autopilot, even dictating the opening text that claimed the company’s car drove itself.
Jury Selection Begins for Musk’s Tesla Tweets Trial
A Silicon Valley judge began questioning potential jurors Jan. 17 to hear allegations that Elon Musk cheated Tesla investors by claiming in a 2018 tweet that he had lined up financing to take the electric automaker private.
Feds Review Musk Tweet About Disabling Driver Monitoring
A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.
Tesla’s Board Takes Heat Over CEO Succession Planning
Tesla Inc.’s board of directors is facing mounting pressure to prove just how prepared they are for the potential loss of Elon Musk, the erratic CEO largely behind the breakneck rise and dramatic fall in the company’s valuation.