Elon musk own how much of tesla

The steep downturn in Tesla’s market value may have influenced him to have an apparent change of heart and negotiate a settlement. He had rejected a similar settlement offer before the SEC sued on Thursday, maintaining he had done nothing wrong when he posted an August 7 tweet declaring he had secured the financing to lead a buyout of Tesla. … [Read more...] about Elon Musk to leave Tesla chairman role in £30m fraud case settlement

As Tesla approaches its first shipping anniversary, the Model 3 is now a luxury priced-vehicle, with the least expensive equipped unit available at $49,000. The company just introduced a new dual-motor Model 3 that does 0-60 mile-per-hour in 3.5 seconds, and has a battery charge range of 310 miles, and is super-luxury priced at $78,000. … [Read more...] about Musk: Tesla Selling $35K Model 3 Would ‘Lose Money and Die’

In a recent rant to a BuzzFeed news journalist that Musk considered off the record, Musk once again claimed that Unsworth was a pedophile and that he had married a 12-year-old bride in Thailand. Musk stated in an email: “I suggest that you call people you know in Thailand, find out what’s actually going on and stop defending child rapists, you f****** a**hole.” Musk continued to state: “He’s an old, single white guy from England who’s been traveling to or living in Thailand for 30 to 40 years, mostly Pattaya Beach, until moving to Chiang Rai for a child bride who was about 12 years old at the time.” … [Read more...] about Elon Musk Says Thailand Rescue Diver Has ‘Child Bride’ (His Girlfriend Is 40)

The Securities and Exchange Commission (SEC) Thursday accused Tesla chief Elon Musk of making false and misleading statements in August when he tweeted that he was “virtually certain” that he could take the electric car company private. The SEC has asked the court to bar Musk from as a director or officer of a public company, which would mean he would have to step down as the head of Tesla. It is also seeking monetary fines and penalties. … [Read more...] about SEC Sues Elon Musk, Seeks to Bar Him from Running a Publicly Traded Company

Sign up to our Daily newsletter More from the Evening Telegraph Twitter boss Jack Dorsey criticised for Burma tweets Patrice Evra dismayed by Raheem Sterling abuse Racism in football needs to be dealt with at the top – Lord Ouseley Christmas elf’s dance moves outside toy shop seen 1.3m times … [Read more...] about Elon Musk ‘does not respect’ US regulator