Tesla, Twitter Shares Drop As Elon Musk's Legal Issues GrowShares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform.
Tesla Recalls 130K Vehicles Over Touch Screens Going BlankTesla is recalling about 130,000 vehicles across its U.S. model lineup because their touch screens can overheat and go blank.
Elon Musk's Request To Scrap Deal Over 2018 Tweets Is RejectedElon Musk’s request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla, private, was denied by a federal judge in New York.
Tesla First Quarter Earnings 7 Times More Than Year Ago On Strong SalesTesla reported Wednesday that its first-quarter net earnings were over seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
Judge Rejects Gag Order In Lawsuit Over 2018 Elon Musk TweetsA federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk stop talking about his 2018 tweets in which he said he had the funding to make Tesla a private company.
Tesla Issues 2nd Recall For Obstructing Pedestrian WarningTesla is recalling nearly nearly 595,000 vehicles in the U.S., most for a second time, because a “Boombox” function can play sounds over an external speaker and obscure audible warnings for pedestrians.
Elon Musk Asks Judge To Nullify Subpoena, Throw Out Deal With SECTesla CEO Elon Musk is asking a federal judge to nullify a subpoena from securities regulators and throw out a 2018 court agreement in which Musk had to have someone pre-approve his posts on Twitter.
Tesla CEO Elon Musk, Lawyer Escalate Fight With Securities RegulatorsElon Musk and his lawyers are escalating their fight with U.S. securities regulators, with a lawyer accusing them of leaking investigative information, and the Tesla CEO alleging on Twitter that government corruption is being exposed.
Tesla Faces Another US Investigation: Unexpected BrakingU.S. auto safety regulators have launched another investigation of Tesla, this time tied to complaints that its cars can stop on roads for no apparent reason.
Tesla Posts Record Profit, Won't Produce New Models In 2022Tesla Inc. on posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry.
Felony Charges Are 1st In Fatal Crash Involving Tesla On AutopilotCalifornia prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car, and killed two people in 2019.
Tesla Agrees To Stop Allowing Video Games On Screens In Moving CarsUnder pressure from U.S. auto safety regulators, Tesla has agreed to stop allowing video games to be played on center touch screens while its vehicles are moving.
Gaming While Driving: Tesla Allows It, Mercedes Does RecallA few days after reports surfaced that Tesla allows drivers to play video games on dashboard touch screens while vehicles are moving, Mercedes-Benz issued a U.S. recall for a similar issue.
US Regulators Investigate Tesla Driver's Complaint Of 'Full Self-Driving' Software Causing CrashU.S. auto safety regulators are looking into a complaint from a Tesla driver that the company’s “Full Self-Driving” software caused a crash.
Elon Musk Sells More Tesla Shares, Stock Continues To FallTesla CEO Elon Musk sold another chunk of his stock on Thursday after pledging on Twitter to liquidate 10% of his holdings in the electric car maker.