Tesla News

Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets

A U.S. judge slammed Elon Musk for trying to escape a settlement with regulators requiring oversight of his Tesla Inc. tweets, saying the billionaire was “bemoaning” the 2018 deal now that he felt Tesla was “invincible.” The April 27 ruling …

Judge Rules for Elon Musk in $13 Billion Lawsuit Over Tesla-SolarCity Deal

Tesla Inc. Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in 2016 to acquire SolarCity Corp, where Musk was chairman and the largest shareholder, a Delaware judge ruled on Wednesday. Tesla …

Tesla Insurance Turning ‘Nightmare’ Claims Experience Into ‘Dream’: Musk

Tesla is “trying to turn a nightmare into a dream with Tesla Insurance,” Chief Executive Officer Elon Musk said Wednesday. His final words during an earnings conference call that lasted more than an hour came as Musk and Chief Financial …

Judge Rejects ‘Gag Order’ for Elon Musk

Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla Inc. shareholders by tweeting in 2018 about taking his electric car company private, a federal judge ruled on Wednesday. U.S. …

Judge Finds Tesla Liable to Black Former Worker Who Alleged Bias, but Slashes Payout

A federal judge said on Wednesday Tesla Inc. was liable to a Black elevator operator who said the electric car company ignored racial abuse at the factory where he worked, but reduced a nearly $137 million jury award to $15 …

U.S. Boosts Fines for Automakers Not Meeting Fuel Economy Rules in Tesla Win

The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model years 2019 and beyond. The decision was a win for Tesla that …

SEC Claims Authority to Subpoena Elon Musk About Tweets

U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his tweets, and that Musk’s move to throw out a 2018 court agreement that his tweets be pre-approved is not valid. The Securities and …

Paris Taxi Driver Files Legal Complaint Against Tesla After Fatal Crash

A Paris taxi driver whose Tesla Model 3 crashed in December, killing one person, has filed a legal complaint against the U.S. carmaker, his lawyer said on Sunday. The French government said in the days after the accident that Tesla …

Who Owns Tesla Vehicle Performance Data?

At the end of an interview with the founder of Quantiv Risk, an insurtech that helps carriers make sense of performance data from vehicles with advanced driver assistance systems, Carrier Management posed a big picture question: Who owns the data—the …

Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s

Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said. In a report titled, “Tesla’s insurance venture puts incumbents under added …