20 Articles
News
Official
Musk loses appeal of SEC ‘Twitter Sitter’ ruling on Tesla tweets

'We see no evidence' supporting Musk's claims, the court says

Report
Elon Musk says the SEC is unlawfully muzzling him in new court brief

Musk settled a case with the SEC in 2018, agreeing to have his tweets pre-approved by an attorney

Report
Tesla discloses second SEC subpoena over Elon Musk's 2018 go-private tweet

Tesla stock has lost nearly 23% of its value this year

Official
SEC to Elon Musk: Regarding your tweets, 'a deal is a deal'

Commission says Tesla chief complains about 'legitimate inquiries' into his conduct

Breaking
'Vapor ware' and a power cord: Nuggets from Nikola founder indictment

Feds depict Trevor Milton as fixated on stock price, hyping an unfinished product

Followup
SEC investigating VW's Voltswagen stunt

It's still not true, and now the feds want to know why it happened

Report
Nissan and Carlos Ghosn settle SEC claims over undisclosed compensation

None of the parties involved have admitted guilt

Nissan Motor Co and its former Chief Executive Carlos Ghosn have agreed to settle claims from the U.S. Securities and Exchange Commision over false financial disclosures related to Ghosn's compensation, an SEC statement said on Monday. Nissan will pay $15 million, while Ghosn agreed to a $1 million civil penalty and a 10-year ban from serving as an officer or director of a publicly traded U.S. company, the SEC statement said.

Report
U.S. judge urges VW and SEC to resolve civil Dieselgate suit

'Sit down and see if you can work it out'

A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG to resolve a civil suit stemming from its Dieselgate emissions scandal. U.S. District Judge Charles Breyer in San Francisco, who earlier had questioned why the agency waited two years to sue the automaker, said he was putting the suit on hold until Oct. 4. The SEC filed a civil suit in March accusing Volkswagen and its former chief executive, Martin Winterkorn, of defrauding

Tesla drops 'Motors' from its name

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.

Report: Four former Delphi execs set to go on trial

The Securities and Exchange Commission is moving forward with charges against four former Delphi executives, including the company's ex-CEO, J.T. Battenberg III. Paul Free, the company's former controller and chief accounting officer, Milan Belans, who served as the director of capital planning and Catherine Rozanski, Delphi's former accounting director are all facing a civil suit along with Battenbe

Report: Ex-car czar Rattner nears SEC settlement

According to Reuters, the Securities and Exchange Commission is set to settle with the former head of the Obama Administration's auto task force, Steven Rattner. Earlier this year, the SEC charged Rattner with participating in a pay-to-play pension program, but the commission is expected to announce today that the former car czar has agreed to pay a fine of more than $5 million and accept a

Report: Tesla says it gave Musk stock options valued at over $44.5 million

Tesla Model S – Click above for high-res image gallery

Hughes Telematics and Chrysler relationship looks to be over

Back in 2008 at the Consumer Electronics Show in Las Vegas, we got to spend some time in a Jeep Grand Cherokee outfitted with a bunch of technogoodies from Hughes Telematics. And again at this year's CES, Hughes let us play with even cooler stuff in a Chris Tutor

Ford restates earnings and finds an extra $550 million in Q3

The accountants over at Ford have cleaned off their desks looking for every available financial number between 2001 and 2005 and discovered the company had actually made more money than it originally reported to the Securities and Exchange Commission (SEC). In fact, the $5.8 billion net loss the Blue Oval recorded for the third quarter of 2006 has been reduced by $550 million to $5.25 billion. For the first three qua

GM adds a couple hundred mil to Q2 losses; GMAC sale may not come until '07

Despite the fact that Wall Street is giddy about General Motor's performance in the second quarter of 2006, the automaker still lost $3.2B due mostly to write-downs associated with employee buyouts. Or, rather, make that $3.4B, according to a filing with the Security and Exchange commission. The discrepancy - one of several in recent months - comes as the company takes an additional charge of $200M related to a difference in declared value and taxable value of some GMAC assets.

Probe into Delphi finances targets seven former company officials

Presumably, the fact that "target letters" have been sent to seven ex-Delphi executives by the Securities and Exchange Commission is not a welcome sign for those on the receiving end of that particular communiqué. It's likely that the letters are a step towards civil charges being filed against the individuals for their roles in the accounting scandal that led Delphi to dramatically restate several years of earnings, with an adjustment of

SEC subpoenas Lear for more details on supplier's relationship with GM

With the Securities and Exchange Commission a bit curious about some of General Motors' accounting practices as it relates to the automaker's price concessions negotiated with suppliers, Lear now finds itself on the receiving end of a subpoena of its financial records. Lear 'fessed up to its newfound role in the investigation last week, but received the Fed's request back in February