In a rather bizarre turn of events, Elon Musk is now being accused of astroturfing after three SpaceX employees spoke in favor of The Boring Company’s proposed Dugout Loop project for Los Angeles. The Boring Company held its public review at the Dodgers Stadium yesterday, where it presented the concept of its high-speed tunnel system […]
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Tesla’s legal troubles got a bit lighter this week, while Elon Musk seemingly gave himself yet another self-inflicted blow. Earlier his week, Tesla won a dismissal of a securities fraud lawsuit over the company’s progress in the production of the Model 3. The company also won a court case against the Ontario government over the […]
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The information was shared in an e-mail sent to employees by Elon Musk last week For Tesla, public opinion is of the utmost importance. Certainly, other carmakers don’t really fancy negative press either, but for the legacy carmakers, with millions of cars sold, absorbing negative claims is a lot easier than it is for Tesla. […]
It turns out, federal securities laws don’t punish companies for failing to meet production targets. Yet another judge has ruled in Tesla’s favor. In May, we reported about a securities fraud lawsuit that was launched in October 2017 by the Rosen Law Firm claiming that Tesla: …made false and/or misleading statements and/or failed to disclose that: (1) contrary […]
It turns out, federal securities laws don’t punish companies for failing to meet production targets. Yet another judge has ruled in Tesla’s favor. In May, we reported about a securities fraud lawsuit that was launched in October 2017 by the Rosen Law Firm claiming that Tesla: …made false and/or misleading statements and/or failed to disclose that: (1) contrary […]
Elon Musk appears to be hitting his stride in his social media use once more. Since announcing that Tesla would remain publicly traded, Musk has been his charming self on the social media platform, even clarifying his demeanor during his fateful interview with the New York Times earlier this month. The past month has been […]
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As Tesla (NASDAQ:TSLA) continues to deal with the aftermath of its privatization attempt, all eyes are once more on the Model 3 production ramp and the company’s attempt at profitability this Q3. Fortunately for Tesla, the Model 3 ramp appears to have gone strong despite the drama that ensued after Elon Musk announced his initial […]
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Amid a topsy-turvy month of mostly bad news for Tesla, the company got one major reprieve on Monday. According to a Reuters report, a federal court in San Francisco has dismissed a lawsuit from shareholders over delays in Model 3 production. The suit a…
Last Wednesday, Elon Musk received an offer for the company’s possible privatization. The proposal was presented to Musk by advisers from Goldman Sachs and Silver Lake, and included a roster of prolific investors willing to contribute as much as $30 billion to Tesla. A day later, Musk met with the company’s Board of Directors at […]
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Now you too can poop in the dark. “How do you like this, Elon Musk?” If that’s not enough to pique your interest, well then, probably nothing is. Apparently, it’s now a thing in Russia to include Elon Musk mentions in Tweets. Like, really odd tweets that seem completely unrelated to the man who runs […]
