Tesla’s former head of the Global Security Operations Center & Investigations, Sean Gouthro, has reportedly filed a whistleblower submission with the SEC in relation to his time at Tesla, including new details about Musk’s infamous “funding secured” tweet.
Shortly before he is due in court to defend himself against contempt charges from the SEC, Tesla CEO Elon Musk has stated that the decision to hold a private teleconference where important Tesla news was revealed was a “mistake.”
Elon Musk’s Tesla revealed this week that the company is closing all of its retail stores and only selling cars online, while also finally released the $35,000 Tesla Model 3, and slashing prices on most other models at the same time.
In a recent article, CNBC noted that Tesla CEO Elon Musk’s latest tweets — which may see him held in contempt of his SEC settlement — prove that the company’s board can’t or won’t control him.
The SEC has asked a federal judge to hold Tesla CEO Elon Musk in contempt over his recent production boasts, claiming the embattled CEO has “not made a diligent or good faith effort” to comply with the settlement he agreed to.
Business Insider reports that Tesla’s board of directors is not doing a particularly good job of policing CEO Elon Musk’s social media posts, one of the main requirements of both Musk and Tesla’s SEC settlement.
Tesla CEO Elon Musk, who has previously been in hot water with the SEC for his reckless social media posts, recently tweeted Tesla production guidance for 2019 before retracting the figures just hours later.
Just two months after Tesla hired its new General Counsel, Dane Butswinkas, the lawyer announced his plans to leave Elon Musk’s company and return to his law firm, Williams & Connolly.
A recent report claims that Tesla CEO Elon Musk is doing his best to avoid his girlfriend — popular singer Grimes — from being included in investigations related to a lawsuit over his infamous “funding secured” tweet.
Elon Musk has a history of well documented personal vendettas against many people and organizations. This does not bode well for the future of his companies, as demonstrated in a recent 60 Minutes interview.
In an interview on 60 Minutes, Sunday, Tesla and SpaceX CEO Elon Musk declared, “I do not respect the SEC,” after settling with the government agency in September over a Twitter post accused of constituting “fraud.”
Tesla’s General Counsel Todd Maron is reportedly leaving Elon Musk’s electric car manufacturer, and will be replaced by seasoned trial attorney Dane Butswinkas, who called Tesla “worth fighting for.”
According to a recent report, General Electric, Tesla Inc. and Snap Inc. are all facing accounting investigations by the DOJ and SEC.
Floyd Mayweather Jr. and DJ Khaled have been charged with unlawfully promoting cryptocurrency initial coin offerings, according to a press release from the SEC.
Following the appointment of Robyn Denholm as the chairman of Tesla’s board, replaced CEO Elon Musk. The move was a requirement of Musk’s settlement with the SEC over his infamous “funding secured” tweet, but she will not take over the chairman spot for six months.
In a surprising and confusing move, Tesla CEO Elon Musk has removed his official titles from both Tesla and SpaceX, dubbing himself the official “Nothing of Tesla.”
Tesla CEO Elon Musk said in a recent statement that the tweet he posted which cost him and his company $20 million each in SEC fines was “worth it.”
The Wall Street Journal published an article Friday stating that the probe into Elon Musk’s Tesla has deepened as the FBI aims to determine whether or not the company misstated its vehicle production figures.
The outgoing CEO of 21st Century Fox, James Murdoch, is reportedly next in line to replace Tesla CEO Elon Musk as the chairman of Tesla’s board, despite activist investors noting a “troubling history” as a director.
Electric car manufacturer Tesla is reportedly on the lookout for a new manager to control the company’s CEO, Elon Musk, as it seeks to replace him as chairman of the board.
In a letter to investors, hedge fund manager David Einhorn warned that he believes that Tesla’s “deception” is going to catch up to the company soon.
As Tesla CEO Elon Musk’s settlement agreement with Securities and Exchange Commission (SEC) awaits finalization, the erratic billionaire claimed Thursday that stock short-sellers are “value destroyers” and called for the practice to be outlawed.
Tesla shares fell more than 4 percent Thursday after CEO Elon Musk mocked the Securities and Exchange Commission (SEC) on Twitter Thursday — an eyebrow-raising move which came after the increasingly erratic billionaire reportedly reached a no-guilt settlement with the financial watchdog last week over his infamous “funding secured” tweet.
The New York Times published an article recently investigating the mystery of Tesla’s car storage grounds across the country.
Gene Munster suggested former Vice-President Al Gore replace Elon Musk as chairman of the embattled electric car company.
Following his settlement with the Securities Exchange Commission (SEC), Tesla CEO Elon Musk told company employees in emails to “ignore the distractions” and hinted that the company may soon be profitable. But despite his rosy outlook, problems persist.
Tesla CEO Elon Musk has reportedly accepted a deal with the SEC, two days after turning down the deal down, claiming initially that he could not “live with the idea.”
Tesla CEO Elon Musk has defended his decision to tweet that he had “funding secured” to take Tesla private by stating that he had a “verbal agreement” with Saudi investors.
Tesla CEO Elon Musk reportedly pulled out of a settlement with the Securities Exchange Commission (SEC) over charges of fraud at the last minute, because it would “not be truthful to himself.”
The Securities and Exchange Commission (SEC) Thursday accused Tesla chief Elon Musk of making false and misleading statements in August when he tweeted that he was “virtually certain” that he could take the electric car company private.
The CEO of automotive retailer AutoNation stated in a recent interview that Tesla may not be around in the next ten years based on Elon Musk’s “bait-and-switch” business tactics.
Former General Motors Vice Chairman Bob Lutz discussed Elon Musk’s Tesla in a recent interview stating that the company is “headed for the graveyard.”
Elon Musk’s car company Tesla is reportedly under investigation by the Department of Justice in relation to public comments made by Musk and the company.
Tesla’s largest institutional investor recently stated that the SEC questioned it about CEO Elon Musk’s “funding secured” tweets about going private, and stated that as an investment firm, it believes that Musk “needs help.”
Citron Research editor Andrew Left announced Thursday he is filing a lawsuit against Tesla CEO Elon Musk for breaching U.S. securities laws.
In an interview with the Wall Street Journal published Friday, Tesla CEO Elon Musk said his thinking behind tweeting plans to take the embattled electric car company private was akin to how Las Vegas casino owners consider their odds of success.
Major investment fund BlackRock voted to replace Elon Musk with an independent chairman for Tesla. The motion, which would not have affected Musk’s status as CEO, was voted down.
Tesla CEO Elon Musk is unlikely to attend this year’s Burning Man festival as production and legal troubles continue to plague the embattled electric car vehicle, according to reports.
Wired published an article recently stating that despite rolling back plans to take Tesla private, CEO Elon Musk will still have to face an SEC probe — and angry investors.
The Wall Street Journal published an article Monday outlining how Tesla CEO Elon Musk’s plans to take the company private failed. A combination of doubts about losing control and sharing the “Tesla halo” contributed to the decision.