Securities And Exchange Commission
VW, which settled with the feds and paid fines, says 'the SEC is now piling on.'
VW admitted illegal activity to regulators but didn't inform investors.
Securities regulator has until March 19 to file a brief.
But as far as company knows, investigations have not found anything wrong.
Musk later said he'd take a break for Twitter "for a few days."
'Tesla's philosophy has always been to set truthful targets'
Has no manufacturing experience, board role was opposed by some.
'Like Lehman, we think the deception is about to catch up to TSLA'
It would have required him to step down as Tesla chairman for two years.
Some analysts think he might actually have to resign.
Says Musk 'knew or was reckless in not knowing' he was misleading investors
Elon Musk never disclosed the investigation to investors. It ended without enforcement action.
Investigators are looking into claims that FCA fudged its year-end sales numbers last December.
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.
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.
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.