Tweets were a 'nuclear attack' to 'completely decimate' short-sellers.
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
The tweet heard 'round the automotive world was bold, to say the least.
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.
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.