Judge throws out TSLAQ lawsuit against Tesla, Elon Musk, and Model 3 owner

Federal Judge James Donato from California has formally dismissed a securities fraud and defamation lawsuit filed by a Tesla bear against CEO Elon Musk, Tesla, and a Model 3 owner. The order was filed on Thursday.  In the order, Judge Donato noted that the lawsuit filed by Tesla bear and TSLAQ member Aaron Greenspan had […]

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Elon Musk announces formation of Tesla’s “hardcore litigation department” to initiate and execute lawsuits

Elon Musk is out for blood. Amidst the emerging “Elongate” scandal, the CEO has announced the formation of a “hardcore litigation department” for Tesla that directly initiates and executes lawsuits. The team will be reporting directly to Musk.  Musk posted the following commitment to the upcoming litigation team: (1) We will never seek victory in […]

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Tesla driver involved in tragic California crash to stand trial

A Tesla Model S driver who was involved in a tragic crash in a Los Angeles suburb will be standing trial. The driver was believed to have been operating his Tesla with Autopilot when the crash occurred.  According to a Los Angeles County Judge, there is enough evidence to try 27-year-old Kevin George Aziz Riad […]

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Elongate scandal: Elon Musk dubs sexual harassment allegations “utterly untrue”

Back in March 2021, Elon Musk stated that if there was ever a scandal about him, people should call it “Elongate.”  Fate sure loves irony.  Amidst Musk’s recent rounds of polarizing political statements on Twitter, a report was published accusing the Tesla CEO of sexual misconduct. The complaint was lodged by a friend of the […]

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Environmental groups look to halt Tesla’s battery plant permits at Gigafactory Texas

Environmentalists and activist groups are setting their sights on Tesla’s Gigafactory Texas. In a letter to Mayor Steve Adler, the groups called on the city to withhold permits for the electric vehicle maker, including Giga Texas’ dedicated battery cathode facility. The groups include East Austin-based group PODER, the Texas Anti-Poverty Project, and the Hornsby Bend […]

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Environmental groups look to halt Tesla’s battery plant permits at Gigafactory Texas

Environmentalists and activist groups are setting their sights on Tesla’s Gigafactory Texas. In a letter to Mayor Steve Adler, the groups called on the city to withhold permits for the electric vehicle maker, including Giga Texas’ dedicated battery cathode facility. The groups include East Austin-based group PODER, the Texas Anti-Poverty Project, and the Hornsby Bend […]

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Some Tesla customers are now expecting a 2-year wait for their new Model X

It appears that Tesla customers who ordered a refreshed Model X are in for a longer-than-expected wait.  As shared by several Tesla reservation holders online, the company has updated their estimated Model X delivery dates once more. This time around, some Tesla Model X reservation holders are reporting that their delivery estimates have been updated […]

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Wedbush drops Tesla price target amid “epic disaster” lockdowns in Shanghai

Wedbush analyst Dan Ives opted to lower his price target for American electric vehicle maker Tesla from his previous $1,400 per share to a still-optimistic but more conservative $1,000 per share. Ives cited headwinds in China as a driver for his updated estimates. The analyst noted that the current lockdowns in Shanghai are an “epic […]

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Tesla whale suggests $15 billion TSLA buyback amid dropping share prices

Tesla whale and billionaire Leo KoGuan, who is estimated to be one of the electric vehicle maker’s largest individual shareholders, has called on the company to announce a $15 billion buyback. KoGuan shared his suggestions through a tweet to Martin Viecha, Tesla’s senior director of investor relations.  In his post, KoGuan noted that Tesla should […]

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Tesla’s Elon Musk sees net worth shrink by $12B amid ESG fiasco, GOP support announcement

Elon Musk recently saw over $12 billion wiped off his net worth following TSLA stock’s recent drop and the S&P Global Ratings’ decision to boot Tesla from its ESG index. Musk’s decline in net worth also comes amidst his announcement that he would no longer be voting for a Democratic candidate in the next elections.  […]

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