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.
Tesla Breaks Own Sales Record, but Misses Estimate for 2022
Tesla said Jan. 2 that it sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk’s pledge to grow the company’s sales by 50% nearly every year.
January 3, 2023Elon Musk Tells Investors He’ll Pause on Tesla Stock Sales
Tesla CEO Elon Musk says he won’t sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk’s purchase of Twitter went through in October.
Tesla Stock Has Never Been This Cheap — And It Could Still Drop Further
Tesla Inc. shares are trading at their cheapest ever by at least one measure as the electric vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire CEO Elon Musk’s priorities.
Tesla Facing Backlash for Musk’s Twitter Move
For owners and potential buyers of Tesla cars, it has become all but impossible to find neutral ground on the controversies that surround CEO Elon Musk.
Musk Complains of ‘Too Much Work’ After Taking Over Twitter
The fear Tesla Inc. investors had as soon as Elon Musk made his bid for Twitter Inc. has come to fruition: Even he admits he’s taken on more than he should.
Tesla CEO Elon Musk Takes Control of Twitter
Tesla CEO Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Oct. 27.
October 28, 2022Twitter Says Musk ‘Can and Should’ Close Buyout Next Week
Twitter Inc. rejected Tesla CEO Elon Musk’s request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire “can and should” close the deal next week.
Elon Musk Proposes to Buy Twitter for Original Price of $54.20 a Share
Tesla CEO Elon Musk revived his bid for Twitter Inc. at the original offer price of $54.20 a share, potentially avoiding a courtroom fight over one of the most contentious acquisitions in recent history.
October 4, 2022Musk-Twitter Trial to Start Oct. 17
Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.