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Elon Musk is facing a class-action lawsuit filed on behalf of Tesla shareholders after he tweeted about a company buyout that ...
Legal experts say December's stock sale amid news of weakening demand for Tesla's cars warrants an SEC investigation.
It was later revealed that Musk had not actually secured the funding. After an investigation, the SEC fined him $40 million, and Musk was forced to step down as chair of Tesla’s board.
However, Musk appealed that settlement in 2022, asking the 2nd U.S. Circuit Court of Appeals in Manhattan to overturn a decision allowing his consent decree with the SEC to stand. Musk did not ...
(Twitter's character limit is 280 characters, but Musk repeatedly said it was 240 characters during his testimony.) Porritt responded, "There's no exception in SEC rules based on the character ...
Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private ...
Elon Musk insists that 420 isn’t a joke to him. In testimony during his ongoing securities fraud trial on Monday, Musk argued that the $420-a-share price he proposed back in his infamous ...
Musk later said that he had been in discussions with Saudi Arabia's sovereign wealth fund and felt sure that funding would come through at his proposed price. A deal never materialized. The SEC ...
Musk has previously contended he entered into the SEC settlement under duress and maintained he believed he had locked up financial backing for a Tesla buyout during meetings with representatives ...
Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of ...
Elon Musk said that a Chinese automaker is likely to be the closest competitor to Tesla, while stressing the company is "winning in China" right now. Tesla has a number of challengers in China in ...
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