70 Articles
Lawsuits accuse Tesla's Musk of fraud over tweets, proposal to go private

Tweets were a 'nuclear attack' to 'completely decimate' short-sellers

Tweets were a 'nuclear attack' to 'completely decimate' short-sellers.

U.S. SEC examining Musk's tweets on taking Tesla private

The SEC has asked Tesla about the facts of the matter

U.S. regulators are asking Tesla Inc why Chief Executive Elon Musk announced his plan to take the electric carmaker private on Twitter and whether his statement was truthful, the Wall Street Journal reported on Wednesday. Musk announced his plan on his personal Twitter account on Tuesday, and the U.S. Securities and Exchange Commission has asked Tesla about the facts of the matter, why it was disclosed on Twitter rather than in a regulatory filing and whether it believed investor-protection rul

Is Elon Musk acting irresponsibly, illegally or simply doing the right thing for Tesla?

The tweet heard 'round the automotive world was bold, to say the least

The tweet heard 'round the automotive world was bold, to say the least.

Meet Tesla's new bondholder: Billionaire George Soros

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.

Tesla was under SEC investigation for a year over Model 3 sales

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.

Tesla may not have a Model 3 beta test car on the road yet

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.

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.

GM pays $1 million civil penalty to the SEC for ignition scandal

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.

SEC didn't like how Tesla was reporting its earnings

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

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

FCA explains, updates sales reporting in wake of investigation

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

Tesla facing SEC inquiry over fatal Autopilot crash

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.

Elon Musk on his way to earning an extra $1 billion at Tesla

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.

Ferrari will increase production by 30% to 9,000 cars per year

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.

FCA launches Ferrari IPO

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

FTC probing GM for selling used cars in need of recall work

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

Ferrari officially files SEC paperwork to register future IPO

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.

Elio's crowdfunding page getting 'suspect' investors

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.

Goodyear to pay antibribery fine without admitting guilt

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.

GM's top lawyer delays retirement until replacement is found

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 says it's out of money, owes millions

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.

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