Tag: Tesla

  • Elon Musk’s settlement with the SEC approved by judge, sending shares higher

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    The saga between Tesla  CEO Elon Musk and the U.S. Securities and Exchange Commission, which began with a now infamous “funding secured” tweet about taking the electric automaker private, is officially resolved. A federal judge has approved Musk’s settlement with the SEC over securities fraud allegations. Bloomberg was the first to report the judge’s approval. Tesla shares jumped more […]

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  • Tesla Is Doing Much Better Than Headlines Suggest

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    Three dark-arts PR issues intersect for Tesla and Mus esla and Elon Musk are having a terrible time getting basic, neutral, balanced press coverage. Tesla has achieved enormous results in ramping up its Model 3 production faster than almost any new model car in history. The company is massively outselling its competitors in North America and Europe. It still […]

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  • Advice for Elon Musk From Richard Branson, Arianna Huffington and Mark Cuban

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    Among their recommendations for Tesla’s CEO? Delegate, get more sleep and learn to embrace short sellers. Elon Musk has had a hell of a year. The list of people the Tesla CEO has sparred with — investors on a company earnings call, investigators looking into a deadly Tesla crash, billionaire Warren Buffett, short sellers, a […]

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  • Elon Musk hits back: James Murdoch is not the lead candidate for Tesla chairman spot

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    This time, the billionaire entrepreneur’s tweet debunked a Financial Times articlefrom Wednesday that reported Twenty-First Century Fox CEO and Tesla board member James Murdoch was the lead candidate to take Musk’s chairman spot. Musk agreed in a September 29th settlement with the U.S. Securities and Exchange Commission to step down as chairman within 45 days. Musk, who didn’t not admit […]

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  • Tesla’s secret success story: Model 3 is best selling luxury car in America

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    New York (CNN Business)The Tesla Model 3 is now the bestselling luxury car in America. By a lot. Surprised? That’s probably because Tesla positioned the Model 3 as a mass-market car, not a luxury car. The Model 3 is supposed to have a $35,000 starting price, not the six-figure price tag of the Model S or […]

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  • ‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

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    NEW YORK (Reuters) – Hedge fund manager David Einhorn lambasted Tesla Inc (TSLA.O) and its “despondent” Chief Executive Elon Musk on Friday, comparing the electric car company to Lehman Brothers Holdings Inc, where he had flagged accounting problems several months before its 2008 collapse. “Like Lehman, we think the deception is about to catch up […]

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  • Cadillac edges Tesla in semi-automated driving test

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    General Motors Co’s (GM.N) Cadillac outscored Tesla Inc (TSLA.O) in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday. The highly influential nonprofit organization, which tests and rates a variety of consumer products from appliances to vehicles, said it compared Cadillac’s Super Cruise and Tesla’s Autopilot with similar […]

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  • Elon Musk — The downfall of a legend

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    In the past week, we’ve seen the downfall of one of the most influential modern figures. But what does this mean for us? Musk has been controversial recently, to say the least. Tesla hasn’t lived up to promises of delivering cars at the rate they were supposed to. He’s drawn heat for calling the Thai-cave […]

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  • Elon Musk reaches deal over tweets about taking Tesla private

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    Elon Musk must step down as Tesla chair and pay a fine after reaching a deal with US regulators over tweets he posted about taking the firm private. It follows Thursday’s decision by the Securities and Exchange Commission (SEC) to sue Mr Musk for alleged securities fraud. Under the deal, Mr Musk will remain as […]

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  • The SEC just went nuclear on Elon Musk. Here’s what happens next

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    Elon Musk is the heart and soul of Tesla. If the SEC gets its way, he could have to step down. The SEC filed a lawsuit on Thursday that accused Musk of making “false and misleading”statements about a plan to take Tesla private. The real shocker is the SEC wants a judge to bar Musk, the company’s […]

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