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The regulator did not say what remedy it wanted the court to impose, but the commitment was part of a settlement that headed off demands from the SEC for Musk to resign as Tesla CEO, seen by investors in the company as a substantial risk to its future. (Photo: AP)

Tesla's Musk calls SEC 'broken' in new Twitter spat

Shares of the electric carmaker dipped 0.3 percent to close at USD 297.86, paring losses from an early sell-off.

27 Feb 2019 12:52 PM

Allegations that Musk broke the agreement by tweeting without company approval could renew a debate about whether he has become too reckless to continue as Tesla’s CEO. (Photo: AP)

SEC wants Tesla CEO Elon Musk held in contempt for tweeting

Contempt charges are typically brought against individuals who defy a court order.

26 Feb 2019 12:14 PM

In a court filing, the regulator pointed to a Musk Feb. 19 tweet: “Tesla made 0 cars in 2011, but will make around 500k in 2019,” noting that Musk did not seek or receive preapproval before publishing this tweet, which was inaccurate and disseminated to over 24 million people.

Tesla's Elon Musk risks contempt charge

SEC argues Musk’s tweets violate deal.

26 Feb 2019 8:58 AM

Electric car maker Tesla’s CEO Elon Musk. (AP Photo/Jack Plunkett, File)

'Micromanagement: Misunderstood?'

Musk has been asked by some investors to appoint a COO instead of trying to solve all of the company’s problems on his own.

19 Feb 2019 5:25 PM

Elon Musk also said that moving to Mars will one day cost less than USD 500,000 or even below USD 100,000. (Photo: File)

Tickets to Moon and Mars

Elon Musk says return trip to Mars will cost less than USD 100,000.

13 Feb 2019 6:50 PM

The Dog Mode would allow climate control to run like it normally would, providing a room-temperature environment for animals left in the car briefly.

Tesla owners to soon get a Dog Mode

The mode is not actually for owners to leave their pets inside and forget about it.

13 Feb 2019 1:06 PM

Musk told a Twitter user that the company is “doing everything we can” to drop the Model 3 base price to $35,000, without credits. “It’s a super hard grind,” he wrote.

Second time: Tesla cuts Model 3 price again

Tesla delivered fewer-than-expected Model 3 sedans in the fourth quarter.

07 Feb 2019 10:01 AM

The critical Model 3 cost structure appears to be improving with both scale and manufacturing experience.

Musk not worried about Tesla Model 3 demand, Wall Street thinks otherwise

The company estimated that Model 3 production at its Freemont plant will rise to 7,000 cars.

01 Feb 2019 1:54 PM

The announcement was made in response to a Tesla owner's tweet about discovering a ‘monster dent’ on his swanky new Tesla.

Elon Musk: Tesla Sentry Mode coming soon for all cars

Musk took to twitter to reveal an upcoming Tesla Sentry Mode for all cars with Enhanced Autopilot.

25 Jan 2019 10:43 AM

Boring Company is hiring for over a dozen roles and is planning to grow this year. (Photo: AP)

Boring Company fires 5 employees a month after unveiling decongestion tunnel

Some of the fired employees helped construct the first underground passageway.

23 Jan 2019 12:10 PM

In June, Tesla said it was cutting 9 per cent of its workforce. Musk had tweeted in October that the company employed 45,000 people.

To make Model 3 more affordable Tesla cuts jobs

Tesla said it expects fourth-quarter profit to be lower than the preceding quarter.

19 Jan 2019 10:32 AM

Elon Musk's Tesla Motors announced on Friday it was cutting its workforce. (Photo:File)

Tesla to cut 7 per cent of workforce amid tough profit outlook

Shares plunged following the announcement.

19 Jan 2019 9:58 AM

Tesla, which called the Model 3’s computer “the brain of the vehicle,” added that “choosing any other supplier would have delayed the (Model 3) program by 18 months with clean room setup, line validation, and staff training.”

Tesla urges tariff exemption for Chinese-made car computer 'brain'

Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new Model 3.

05 Jan 2019 9:34 AM

Elon Musk, who has often set goals and deadlines that Tesla has failed to meet, surprised investors by delivering on his pledge to make Tesla profitable in the third quarter, for only the third time in its 15-year existence.

Tesla cuts US prices on all vehicles, shares drop

Musk has been under intense pressure to deliver on his promise of stabilizing production for the Model 3.

03 Jan 2019 8:33 AM

Shares of the company, which produced 5,300 Model 3s in the last week of its third quarter ended Sept. 30, were down nearly 2 percent in late-afternoon trading.

Tesla has over 3,000 Model 3s left in US inventory

The electric-car maker has been urging buyers to make use of the federal tax credit.

01 Jan 2019 11:46 AM

The move is meant to usher Tesla past months of turbulence following Musk’s Aug. 7 tweet that he was considering taking the company private and had secured funding.

Tesla names close Musk friend Larry Ellison to board

Joining Ellison on the board, effective Dec. 27, was Walgreens Boots Alliance’s global head of human resources, Kathleen Wilson-Thompson.

29 Dec 2018 10:53 AM

Musk and engineers from his rocket company, SpaceX, built a small submarine and shipped it to Thailand to help with the rescue. (Photo: AP)

Elon Musk asks judge to toss diver’s lawsuit in Thai dustup

Musk called diver Vernon Unsworth a “pedo” in a tweet to 22.5 million followers after Unsworth criticised Musk on CNN in July.

28 Dec 2018 12:40 PM

It was the third time in the last two months that Tesla has adjusted its prices in China.

Tesla cuts Model 3 prices in China

Prices of certain Model 3 cars were cut by up to 7.6 percent.

24 Dec 2018 11:18 AM

Tesla said orders for cars placed by Oct. 15 would be eligible for the full tax credit of $7,500 and that customers would receive their cars by the end of the year. From Jan. 1, 2019, the tax credit drops to $3,750.

Elon Musk says Tesla to pay customers for missed tax credits

The tax credit is then reduced by 50 percent every six months until it phases out.

24 Dec 2018 11:17 AM

The car jostled significantly during the ride, which was bumpy enough to give one reporter motion sickness while another yelled, “Woo!” (Photo: AP)

Elon Musk’s new tunnel ‘a little rough around the edges’

Guests boarded Musk’s Tesla Model X and rode along Los Angeles-area surface streets about a mile.

20 Dec 2018 4:48 PM

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