Tesla Criminal Probe Into Musk Tweet Seen as Opening Pandora’s Box
All it took to draw the U.S. Justice Department into investigating Tesla Inc. was a single tweet by Chairman Elon Musk. But now that prosecutors have a toehold, they can dig in to look for other signs of misconduct at the electric car maker.
Tesla Is Target of Criminal Investigation
Tesla Inc. is under investigation by the Justice Department over public statements made by the company and CEO Elon Musk, according to two people familiar with the matter. The criminal probe is running alongside a previously reported civil inquiry by securities regulators.
Tesla Erupts in Chaos After Senior Executives Leave, Musk Tokes Up
The turmoil at Tesla Inc. reached a fever pitch, as the news that two senior executives are leaving Elon Musk’s electric-car maker emerged just hours after he smoked marijuana during an hours-long interview streamed live online.
Utah Driver Sues Tesla After Crashing in Autopilot Mode
SALT LAKE CITY — A Utah driver who slammed her Tesla into a stopped firetruck at a red light earlier this year while using the vehicle’s semi-autonomous function has sued the company, saying salespeople told her the car would stop on its own in Autopilot mode if something were in its path.
Tesla Class 8 Prototype Crosses Country, Stops at Ruan
Officials at transportation service company Ruan got a chance to see Tesla Inc.’s prototype battery-electric heavy-duty truck, which toured the country recently, stopping at some carriers that have placed orders for the truck that is scheduled for fleet testing in 2019.
Tesla’s Cobalt-Light Batteries Seen Providing Cost Advantage
Tesla Inc.’s lead in battery technology gives it a cost advantage that may last for several years and help the U.S. electric-car maker face down an onslaught of new competition, according to new research from Bloomberg.
Tesla Holders Brace for Market’s Verdict on Musk’s Brazen Pivot
Elon Musk’s stunning tweet that he wanted to take Tesla Inc. private and had funding secured was a classic Musk moonshot — given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy.
August 27, 2018Elon Musk Hires Morgan Stanley to Potentially Help Take Tesla Private
Elon Musk has hired Morgan Stanley to assist him in his potential bid to take Tesla Inc. private, according to a person familiar with the matter.
August 23, 2018Tesla CEO Musk Tells Newspaper He’s Cracking Under Stress
What do you do when your CEO confesses that he’s cracking under the stress of his job? That’s the question that the nine board members of electric car and solar panel maker Tesla Inc. must answer after Elon Musk, the company’s impulsive leader, admitted to The New York Times that work is rattling his nerves in what he described as the most “difficult and painful year of my career.”
Tesla CEO Elon Musk Says ‘Funding Secured’ Tweet Followed Meeting With Saudis
Tesla’s Elon Musk said in a blog post he reported the funding was secured for a go-private transaction after meeting with the Saudi Arabian sovereign wealth fund July 31, after the Saudi fund bought almost 5% of Tesla stock.