#musk

8:04am, 3rd May, 2019

Tesla to get up to $2.7 billion from upsized offering, Musk to buy more stock

Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet.

SEC commissioner decries agency's deal with Tesla's Musk

11:09pm, 30th April, 2019

Business

SEC commissioner decries agency's deal with Tesla's Musk

A U.S. Securities and Exchange commissioner on Tuesday criticized a settlement between the regulator and Tesla Inc CEO Elon Musk over his use of Twitter.

Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss

8:52pm, 24th April, 2019

Business

Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss

Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.

Tesla's Elon Musk, SEC get another week to work out deal on Twitter use

10:36pm, 18th April, 2019

Business

Tesla's Elon Musk, SEC get another week to work out deal on Twitter use

Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk's use of Twitter, a federal judge ruled Thursday.

U.S. advances review of Musk's Baltimore-Washington tunnel project

1:36pm, 17th April, 2019

US

U.S. advances review of Musk's Baltimore-Washington tunnel project

The U.S. Transportation Department on Wednesday issued a draft environmental assessment for a Washington, D.C. to Baltimore tunnel that would carry passengers between the cities at high speeds in autonomous electric vehicles, the first step in a join...

Tesla's Elon Musk arrives in court to square off with SEC at contempt hearing

1:08pm, 4th April, 2019

Business

Tesla's Elon Musk arrives in court to square off with SEC at contempt hearing

Tesla Inc Chief Executive Elon Musk arrived in Manhattan federal court on Thursday for a hearing on whether he violated a fraud agreement and should be held in contempt, the latest twist in a high-profile battle between the billionaire and the govern...

Tesla's Elon Musk, SEC to face off in U.S. court on April 4

5:47pm, 26th March, 2019

Business

Tesla's Elon Musk, SEC to face off in U.S. court on April 4

Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets.

Elon Musk's SpaceX capsule splashes down off Florida coast

9:23am, 8th March, 2019

US

Elon Musk's SpaceX capsule splashes down off Florida coast

An unmanned capsule from Elon Musk's SpaceX splashed down into the Atlantic Ocean on Friday morning after a short-term stay on the International Space Station, capping the first orbital test mission in NASA's long-delayed quest to resume hu...

SEC asks judge to hold Tesla's Musk in contempt of violating deal

6:46pm, 25th February, 2019

Business

SEC asks judge to hold Tesla's Musk in contempt of violating deal

The U.S. Securities and Exchange Commission on Monday asked a judge to hold Tesla Inc's Chief Executive Officer Elon Musk in contempt of violating a court's order last year.

Tesla shares fall after Musk mocks SEC on Twitter

9:50am, 5th October, 2018

Business

Tesla shares fall after Musk mocks SEC on Twitter

Shares of Tesla Inc fell as much as 5 percent on Friday, after Chief Executive Elon Musk stirred nerves about the settlement of his securities fraud lawsuit by mocking the U.S. Securities and Exchange Commission on Twitter.

U.S. regulator sues Musk for fraud, seeks to remove him from Tesla

3:06am, 28th September, 2018

Business

U.S. regulator sues Musk for fraud, seeks to remove him from Tesla

The U.S. Securities and Exchange Commission accused Tesla Inc Chief Executive Elon Musk on Thursday of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of "false and misleading" tweets about...

U.S. Justice Department probes Musk statement on taking Tesla private

7:33pm, 18th September, 2018

Business

U.S. Justice Department probes Musk statement on taking Tesla private

Tesla Inc said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk's public statements in August that he was considering taking the electric car maker private, the latest and biggest threat to Musk's leader...

BlackRock voted to replace Tesla's Musk with independent board chair

8:14pm, 30th August, 2018

Business

BlackRock voted to replace Tesla's Musk with independent board chair

Funds run by BlackRock Inc voted over Tesla Inc's objections in favor of a shareholder proposal in June that would have required the electric carmaker to replace Elon Musk with an independent board chairman if the motion had not been defeated, a...

Tesla CEO Musk drops pursuit of $72 billion take-private deal

6:08am, 25th August, 2018

Business

Tesla CEO Musk drops pursuit of $72 billion take-private deal

Tesla Inc CEO Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take his U.S. electric car maker private, abandoning an idea that had stunned investors and drawn regulatory scrutiny.

SEC subpoenas Tesla over Musk's tweets: Fox News

10:21am, 15th August, 2018

Business

SEC subpoenas Tesla over Musk's tweets: Fox News

The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding its privatization plans and Chief Executive Officer Elon Musk's statement "funding secured", Fox News tweeted https://twitter.com/CGasparino/status/10297400993...

Tesla shares rise as Musk says Model 3 set to hit target

9:00am, 6th June, 2018

Business

Tesla shares rise as Musk says Model 3 set to hit target

(Reuters) - Tesla Inc shares rose 3.5 percent on Wednesday morning after Chief Executive Elon Musk said the car maker was now churning out 500 of its Model 3 sedans a day and should achieve its 5,000 per week target by the end of June.

Big Tesla investors look like firewall for Elon Musk

6:30am, 4th June, 2018

Business

Big Tesla investors look like firewall for Elon Musk

(Reuters) - Tesla Inc Chief Executive Elon Musk faces votes at Tuesday's shareholder meeting that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans.