Why elon musk named company tesla

The SEC sued him last week, accusing him of misleading investors and pushing to ban him from running any public company. Musk originally refused a settlement but relented on Saturday, agreeing to step down as Tesla's chairman for three years and pay a $20 million fine. … [Read more...] about Elon Musk taunts the SEC days after fraud settlement, sending Tesla stock tumbling

Musk, founder of Tesla and SpaceX, announced on Twitter on 10 July 2017 that he had purchased X.com for “sentimental value”. In a following tweet on 14 July 2017 he announced his excitement at the “launch” of X.com with the tongue-in-cheek comment that the page is “a little verbose right now” (clicking through to the page reveals only a small “x” in the top right hand corner). … [Read more...] about Elon Musk Acquires X.COM

Buss served as chief financial officer of solar panel installer SolarCity for two years before retiring in 2016. Tesla bought SolarCity that year. Denholm, the first woman to join Tesla’s board, is chief operations officer of telecom firm Telstra and the ex-CFO of network gear maker Juniper Networks ( JNPR.N ). Rice, the first African-American and second woman to join the company’s board, is the chairman of Johnson Publishing Co, home to Ebony and Jet magazines. … [Read more...] about Tesla Forms Three-Member Panel To Look At Any Musk Deal

In his lawyer's statement, Hansen also claims that $37 million worth of materials were stolen from Tesla between January and June of this year, that he was told not to report the theft and that a Tesla employee who did so was fired. He also claims that Tesla wiretapped employees and installed "specialized router equipment" to monitor their cell phone conversations. … [Read more...] about Ex-Tesla employee says “Gigafactory” worker linked to Mexican drug gang

Pritchard said before Musk's tweet that he saw no "serious chance" for a rejection of Musk's settlement, based on 2nd Circuit precedent. "This is just a hoop to be jumped through," he said. … [Read more...] about Tesla’s Musk Mocks SEC As Judge Demands They Justify Fraud Settlement