Musk’s Go-Private Tweets About Tesla Were Reckless, Judge Found
“No reasonable jury could find that Mr. Musk did not act recklessly.” That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.
Wall Street, Tech Investors Back Musk Twitter Bid With $7 Billion
Elon Musk has strengthened the equity stake of his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors, including Silicon Valley heavy hitters such as Oracle co-founder Larry Ellison.
Tesla Q1 Earnings 7 Times More Than Year Ago
DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
NHTSA Opens Two Defect Investigations Into Tesla Autopilot
The National Highway Traffic Safety Administration, which has the authority to force recalls, has opened two formal defect investigations that could ultimately lead Tesla Inc. to have to retrofit cars and restrict use of Autopilot in situations it still can’t safely handle.
Twitter Adopts ‘Poison Pill’ Defense in Musk Takeover Bid
PROVIDENCE, R.I. — Twitter said April 15 that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.
Elon Musk Makes $43 Billion Bid to Take Twitter Private
Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.
Musk Says Tesla Semi Coming Next Year
Tesla Inc. will start production next year of three products that have fallen well behind Elon Musk’s original schedule, including the Semi.
Tesla Sells 310,000 Vehicles in Q1 Despite Logistics Issues
AUSTIN, Texas — Tesla delivered 310,000 vehicles in the first quarter, up about 68% from the same period in 2021, the company said April 2.
April 4, 2022Tesla, Amazon Stock Splits Trigger Retail Stampede
Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.
March 29, 2022Tesla to Seek Approval for Another Stock Split
Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years.