A recent report from Bloomberg backs up previous claims about the working conditions of electric car manufacturer Tesla’s factories, as injuries and illnesses at the company tripled year over year.
The SEC has reportedly stated that Tesla CEO Elon Musk’s contempt of court defense “borders on ridiculous.”
Elon Musk’s Tesla unveiled their new Model Y SUV recently, the first look at the new electric car left many unimpressed with the supposed SUV which looked almost identical to the company’s current Model 3 sedan.
Elon Musk’s Tesla is set to reveal its Model Y Suv soon as the company faces worries over a lack of demand for cars and legal issues involving the SEC and multiple whistleblowers.
Bloomberg published an article recently outlining the lengths that Tesla CEO Elon Musk went to in order to punish Tesla whistleblower Martin Tripp.
Tesla CEO Elon Musk has accused the SEC of making an “unconstitutional power grab” after the agency filed contempt of court charges over his social media posts.
Tesla’s former head of the Global Security Operations Center & Investigations, Sean Gouthro, has reportedly filed a whistleblower submission with the SEC in relation to his time at Tesla, including new details about Musk’s infamous “funding secured” tweet.
Only weeks after announcing a new $35,000 Model 3 vehicle and the move to an online-only shopping experience, Tesla announced a three percent price increase for certain vehicles and plans to keep some brick and mortar stores open.
Tesla’s VP of Engineering left the company this week, joining the ranks of over 100 executives that have abandoned Elon Musk’s company over the past year. Recent reports also show further cost-cutting measures at Tesla factories including a reduction of small parts as fasteners, and hourly workers asked to take unpaid time off.
The New York Times recently published an article about the doubts surrounding Tesla as the company shutters its retail stores.
Shortly before he is due in court to defend himself against contempt charges from the SEC, Tesla CEO Elon Musk has stated that the decision to hold a private teleconference where important Tesla news was revealed was a “mistake.”
Despite recently laying off 1,000 staff members, Tesla plans to cut nearly 100 additional jobs from its Fremont production facility shortly after announcing the production of a new Model Y SUV vehicle.
The import and sale of Tesla Model 3 vehicles in China has reportedly been suspended after customs officials found “irregularities” with the vehicles.
Following the settlement of a $920 million bond payment, Tesla announced its new Model Y vehicle, but the sudden timing of the announcement has raised concerns amongst analysts about consumer demand for Tesla cars.
Forbes published an article recently which describes the inner workings of Tesla’s car factory, where safety violations are continuing to rise at an alarming rate.
Analysts had harsh words for Tesla this week after Elon Musk’s company announced that it would not post a profit in the first quarter, and revealed a new $35,000 Model 3 vehicle.
Elon Musk’s Tesla revealed this week that the company is closing all of its retail stores and only selling cars online, while also finally released the $35,000 Tesla Model 3, and slashing prices on most other models at the same time.
Tesla is due to pay nearly $1 billion in debt on Friday, a sum which could wipe out at least a quarter of the company’s cash.
In a recent article, CNBC noted that Tesla CEO Elon Musk’s latest tweets — which may see him held in contempt of his SEC settlement — prove that the company’s board can’t or won’t control him.
The SEC has asked a federal judge to hold Tesla CEO Elon Musk in contempt over his recent production boasts, claiming the embattled CEO has “not made a diligent or good faith effort” to comply with the settlement he agreed to.
Business Insider reports that Tesla’s board of directors is not doing a particularly good job of policing CEO Elon Musk’s social media posts, one of the main requirements of both Musk and Tesla’s SEC settlement.
Tesla shares fell this week following the announcement that Consumer Reports will no longer recommend the company’s Model 3 vehicle due to its many reliability issues.
Following Tesla CEO Elon Musk’s claims that Tesla will have a fully self-driving car in about one year, some analysts have become skeptical. One analyst told CNBC that the claim “seems impossible.”
Tesla CEO Elon Musk, who has previously been in hot water with the SEC for his reckless social media posts, recently tweeted Tesla production guidance for 2019 before retracting the figures just hours later.
Just two months after Tesla hired its new General Counsel, Dane Butswinkas, the lawyer announced his plans to leave Elon Musk’s company and return to his law firm, Williams & Connolly.
Feb. 18 (UPI) — Arizona Cardinals quarterback Josh Rosensaid he is “OK” after getting into an accident in his Tesla.
A recent fire at Tesla’s production plant in Fremont, California, required a hazmat unit to extinguish, but Elon Musk’s car company claims it will not affect production.
E-commerce giant Amazon has led a $700 million investment round in Rivian, a direct competitor to Elon Musk’s Tesla which hopes to produce a consumer-level electric pickup truck.
Billionaire investor Stanley Druckenmiller reportedly bet against Tesla during the 4th quarter, wagering that Elon Musk’s car company would see a share price fall in the coming months.
A new study by Consumer Reports reveals that the driving range of electric vehicles including Teslas can be cut in half during winter months in cold climates.
