Elon Musk gets March 11 deadline from judge, ex-SEC chair calls for Tesla CEO’s punishment

By Simon Alvarez Posted on February 26, 2019 Tesla CEO Elon Musk has been ordered to explain why he should not be held in contempt for allegedly violating his settlement agreement with the Securities and Exchange Commission (SEC) by March 11. The deadline was issued by U.S. District Judge Alison Nathan in Manhattan, just one …

Tesla Model 3 loses Consumer Reports’ ‘Recommended’ rating over ‘reliability’ issues

By Simon Alvarez Posted on February 21, 2019 Tesla shares (NASDAQ:TSLA) are down after Consumer Reports pulled its “Recommended” rating for the Model 3. The recommendation, which was given to the Model 3 last year following an over-the-air update that improved the car’s brakes, was reportedly pulled over reliability issues raised by numerous owners of …

Tesla stores in China are reportedly seeing a tsunami of Model 3 orders

By Simon Alvarez Posted on February 19, 2019 As China gears up for Model 3 deliveries to begin in the country, the interest and anticipation for the electric car among reservation holders and potential buyers appear to be reaching a fever pitch. If reports from Chinese social media are any indication, it seems that waves …