SEC, Musk Ordered To Resolve Tweet Issues Out Of Court Over Tesla Tweets
Friday, 5 April 2019 A New York District Judge ordered the Securities and Exchange Commission and Elon Musk to settle their differences regarding a tweet by the Tesla CEO out of court. “Take a deep breath, put your reasonableness pants on, and work this out,” Reuters quoted Judge Alison Nathan as saying during the hearing. SEC took Musk to court after he tweeted that Tesla will manufacture half a million cars this year. The tweet, however, was quickly followed by another one, clarifying that “Meant to say annualized production rate at end of…
Lawyers for Tesla Chief Executive Elon Musk will try to convince a Manhattan federal judge on Thursday that he should not be held in contempt for violating a fraud settlement with the Securities and Exchange Commission. Chris Dignam has more.
Jim Cramer is setting the record straight ... In response to Wedbush's note on Tesla , Cramer explains how he feels about Elon Musk and Tesla's stock. "He is a genius and I just think, I wish I could..
Wedbush released a note on Tesla , where they cut the company's price target to $230 from $275. Analysts dug into the company's path to profitability, the company's new CFO and the many projects that..
Tesla shares fell early Monday after an analyst cut his price target on the stock in a report that followed a session of heavy selling Friday. The Wedbush analyst pointed to a host of concerns around..
Tesla will take a closer look at their expenses in a new cost cutting initiative. Automotive News reports that Elon Musk, the electric car company's CEO, told employees that he will "increase scrutiny..
A British diver who is suing Tesla CEO Elon Musk for defamation can't recover damages because the diver allegedly started the spat and his reputation hasn't been... SeattlePI.com Also reported by •Seattle Times