Elon Musk never disclosed the investigation to investors. It ended without enforcement action.
Another bad sign for the California EV firm.
This fine is a drop in the bucket compared to the total costs of the ignition switch scandal.
Numbers don't lie, but they still need to be honest.
FCA revises previous monthly sales numbers based on new reporting system.
Should Tesla have told investors about a fatal accident involving a Model S sedan and its Autopilot system? The company says no, but the SEC isn't buying it.
Elon Musk has achieved half of the milestones at Tesla he needs to get full access to all of his stock options. If he reaches all of the company's goals, the boss stands to make $1.6 billion.
In an SEC filing, Ferrari says that its seeing increased demand in emerging markets and plans to increase production by 30 percent to 9,000 cars a year by 2019.
The Federal Trade Commission is investigating General Motors for allegedly selling certified pre-owned cars without having completed pending recall repairs.
Ferrari has filed the necessary paperwork with the Securities and Exchange Commission to launch the company's IPO later in the year. The documents don't set a specific timeframe for the offering or price for the shares.
The crowdfunding page on StartEngine for Elio's high-mpg trike was getting too many suspicious investors. But even without them, things are going well.
Goodyear is paying a fine of over $16 million to the Securities and Exchange Commission without admitting or denying wrongdoing for bribery in Kenya and Angola. Subsidiaries there allegedly paid for tire business and hid the money as legitimate expenses.
Michael Mikkikin, the general council for General Motors, announced his retirement from the automaker last year. However, he now might not leave until July, while the company searches for a successor.
Saleen Automotive is best known for building hot numbers including countless tuned Ford Mustang muscle cars, and more recently, for offering a custom version of the Tesla Model S. Unfortunately, the company needs a huge infusion of cash even faster than its cars if it wants to stay on the road beyond the end of the year. In a new Securities and Exchange Commission filing, Saleen admits that its financial situation is dire, and it has just $7,261 in cash sitting in the bank as of September 30.
UPDATE: Tesla spokesperson LIz Jarvis-Shean told AutoblogGreen that "We don't comment on rumor and speculation."
The aftershocks of General Motors' ignition switch recall keep coming. First, the automaker announced that it saw an 86-percent decrease in net income for the first quarter of 2014 partially due to recall-related expenses. Now, a recent Securities and Exchange Committee filing from GM shows that it's facing a plethora of lawsuits and investigations, including one from the SEC itself.
Tesla CEO Elon Musk doesn't get paid much directly from Tesla Motors, just a $1 annual salary, but he's still raking in the dough from his work with the electric car company. Last quarter, he earned $4.3 million in stock-based pay because work on the Model X was reported as "considered probable of being met" in the company's latest SEC filing.