47 Articles
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Soros Fund Management took a $35 million stake in Tesla bonds

The investment firm founded and chaired by billionaire George Soros took a stake in Tesla bonds during the first three months of the year, giving the electric carmaker run by Elon Musk a prominent supporter.

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Elon Musk never disclosed the investigation to investors. It ended without enforcement action.

Elon Musk never disclosed the investigation to investors. It ended without enforcement action.

Official

With deliveries slated to begin in mid-2017, there was no tester at the end of 2016.

Another bad sign for the California EV firm.

You probably already just said Tesla anyway.

With the purchase of Solar City, along with the launch of Powerwall and the solar roof, Tesla is as much of an energy company as it is a car maker.

Official

General Motors neither admitted nor denied any wrongdoing.

This fine is a drop in the bucket compared to the total costs of the ignition switch scandal.

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There's a reason why Tesla got rid of its non-GAAP numbers.

Numbers don't lie, but they still need to be honest.

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FCA revises previous monthly sales numbers based on new reporting system.

Breaking

The investigation will determine whether Joshua Brown's death is a material event.

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.

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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.

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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.

Official

Ferrari is officially launching its initial public offering on the New York Stock Exchange, where it will be listed under the symbol RACE.

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The Federal Trade Commission is investigating General Motors for allegedly selling certified pre-owned cars without having completed pending recall repairs.

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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.

StartEngine, Elio Will Investigate What Look To Be Fake Accounts

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.

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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.

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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.

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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.

Rumormill

Probes Reporter Thinks It's On To Something With FOIA Requests

UPDATE: Tesla spokesperson LIz Jarvis-Shean told AutoblogGreen that "We don't comment on rumor and speculation."

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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.

Official

Chrysler has had a lot of owners over the past few years alone, from Daimler to Cerberus to Fiat and the federal government. But it could be poised to gain some more before long. Like, a lot more.