SEC - Page 4

In a financial form released Thursday, Internet infrastructure giant Cloudflare admitted that they faced “significant adverse feedback” from users and potential customers over their banning of anonymous online forum 8Chan and the white nationalist Daily Stormer.

Disgraced former CEO Elizabeth Holmes will stand trial for her role in the now infamous collapse of her startup Theranos, which falsely claimed that it had revolutionized medical blood testing. She faces up to 20 years in prison for fraud, with her trial occurring next year.

An SEC commissioner recently criticized the deal that the agency reached with Tesla CEO Elon Musk.

Former Volkswagen CEO Martin Winterkorn was charged in Germany this week for his alleged role in the massive diesel-rigging scandal that was first reported on in 2015.

Elon Musk’s Tesla saw a sharp drop in its share price Thursday as the company announced first-quarter car deliveries that fell well below expectations.

The SEC has reportedly stated that Tesla CEO Elon Musk’s contempt of court defense “borders on ridiculous.”

The SEC has reportedly charged Volkswagen and the company’s former CEO with defrauding their investors.

Bloomberg published an article recently outlining the lengths that Tesla CEO Elon Musk went to in order to punish Tesla whistleblower Martin Tripp.

Tesla CEO Elon Musk has accused the SEC of making an “unconstitutional power grab” after the agency filed contempt of court charges over his social media posts.

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.”