Tag TSLA

Federal prosecutors have expanded investigations into Tesla beyond the electric vehicle maker's partially automated driving systems, and they have issued subpoenas for information instead of simply requesting it, the company disclosed Monday. In a quarterly report filed with the Securities and Exchange Commission, Tesla said the Department of Justice is looking into “personal benefits, related parties, vehicle range and personnel decisions,” without giving details. The additional investigation topics and the subpoenas suggest that prosecutors have broadened their inquiry, and they have found the need to force Tesla to disclose information, legal experts say...

General Motors third-quarter results are coming Tuesday morning. What management says about labor, costs, and interest rates matters more for the stock. In the third quarter of 2022, GM (ticker: GM) reported an operating profit of $4.3 billion and earnings per share of $2.25 from sales of $41.9 billion...

Elon Musk, the Chief Executive of Tesla and the owner of around half a dozen other companies spanning the technology and software sector, is the world's richest man by a margin of nearly $50 billion...

The Dow Jones fell. Famed investor Bill Ackman closed a bearish bet. Tesla stock rose. Okta plunged again amid fallout from a cyberattack...

The U.S. Department of Justice is investigating Tesla over the advertised range of its vehicles and personnel decisions...

Federal prosecutors have sent subpoenas to Tesla seeking information about executive perks, deals with related parties and decisions to hire or fire employees...

In the ever-evolving world of electric vehicles (EVs), Tesla Inc. is the cream of the crop. While Elon Musk's company is the "cool kid on the block," there's plenty of opportunity for other EV manufacturers to grab a piece of the pie. Lucid Group Inc. is one such company, with Andrew Liveris, former CEO of The Dow Chemical Co. and a Lucid board member, stating in an interview, "I'd like to think that there's enough total available market for all of us as internal combustion engines fade away." W...

Automaker Tesla has stated in a disclosure filing that its capital expenditures are set to exceed a previous $9 billion target...

Tesla is under investigation by US authorities following claims the electric carmaker has been misleading customers over the driving range of its vehicles...