The settlement allows Musk to remain CEO of the electric car company but requires him to relinquish his role as chairman for at least three years.
The lawsuit filed by S.E.C in a federal court seeks on barring Elon Musk from serving as an executive or director of Tesla. This punishment could be one of the most serious remedies by the S.E.C. that has ever been imposed against a corporate executive.
SEC has asked a federal court to oust Musk as Tesla’s chairman and CEO, alleging he committed securities fraud with false statements about plans to take the company private.
Tesla has now started manufacturing its own car carriers trailer, to ramp up the delivery of Model 3 cars.
Tesla's Vice President of Global Supply Management, Liam O' Connor resigns after other positions that recently got vacated, which includes the chief accounting officer, head of human resources and head of communications.
In a new blog post, Musk announced a number of top management changes after discussing with the Tesla board of directors and executive staff.
Buoyed by the increased production of Model 3 cars, electric car maker Tesla has reported a revenue of $4 billion in the second quarter of 2018, with $2.2 billion in cash in hand
Musk wants to roll out Tesla electric cars in India but the bureaucracy has forced him to apply the brakes on his plans till date.
Twitterati is praising renowned Pakistani educational activist and Nobel laureate Malala Yousafzai over her hilarious tweets to Tesla CEO Elon Musk.
The Tesla CEO's remark came in response to Zuckerberg terming his call for AI regulation as 'fear-mongering' and 'irresponsible'
However, on Monday he dashed the hopes of seeing the company launching the model in India either in 2017 or 2018
In a move to put the firm ahead of the rest of the auto industry in getting driverless car, Uber on Wednesday announced the launching of its first self-driving car service to give a tough
New Delhi: In an attempt to make India a manufacturing hub for US-based electric car major Tesla, Union Minister Nitin Gadkari offered the firm a joint venture with Indian Automobile Sector for Electric Vehicles.
Washington: A 40-year-old owner of a Tesla Model S died while driving his car on ‘Autopilot’ mode, making him the first ever fatality involving a self-driven car. Joshua D. Brown, who had nicknamed his
San Jose (California): Tesla’s much-awaited luxury electric car Model 3 has evoked stupendous response from buyers with 198,000 buyers putting down $1,000 in deposits to reserve the vehicle in advance. {img-29664} In what was reminiscent
San Jose: Prime Minister Narendra Modi today visited Tesla Motors campus and showed keen interest in some of their path breaking inventions, particularly in the renewable energy sector which can have multiple applications in remote
Washington: Three Indian companies figure in Forbes' annual list of The World's Most Innovative Companies topped by Tesla Motors, leading maker of fully electric vehicles.Ranked 41st, Hindustan Unilever, India-based fast moving consumer goods company, tops
New Delhi: As per an article published in the San Francisco Chronicle, Cupertino-based Apple may be considering buying electric car pioneer Tesla. The report stems from the fact that the company's chief of mergers and
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