Tesla’s Elon Musk faces the SEC in hearing over contempt charges (Updates)

By Simon Alvarez Posted on April 4, 2019 The day after the release of Tesla’s Q1 vehicle delivery and production report, CEO Elon Musk headed to a Manhattan courthouse to face the charges leveled against him by the Security and Exchange Commission (SEC). The SEC accused Musk of violating the terms of his settlement with …

Tesla overwhelms China car carriers with Model 3 end of quarter push

By Simon Alvarez Posted on March 27, 2019 Car carrier rental companies in Shanghai are starting to feel what it’s like to be part of Tesla’s end of quarter push. Recent reports from the country indicate that Tesla has been moving so many Model 3 sedans in China; car carrier rental companies in Shanghai are …

Tesla victorious after judge dismisses lawsuit claiming Model 3 production fraud

By Dacia J. Ferris Posted on March 25, 2019 A securities fraud lawsuit filed by shareholders against Tesla in 2017 claiming misleading comments previously made about Model 3 production readiness has been dismissed by U.S. District Judge Charles Breyer of the Northern District of California. This is the second time the shareholders’ lawsuit was dismissed, …