Tag Archives: Elon Musk

SEC settlement buoys Tesla share prices

Tesla’s share price jumped today as dramatically as it fell on Sept. 28, thanks largely to this weekend’s settlement of the Securities and Exchange Commission’s complaints against the company and its CEO, Elon Musk. After falling 14 percent on Sept. 28, … Continue reading

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Elon Musk agrees to resign as Tesla chairman

By Todd Bishop and Alan Boyle Elon Musk has agreed to step down as Tesla’s chairman for three years but will remain CEO of the electric car maker, under the terms of documents filed today to settle a securities fraud … Continue reading

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Elon Musk calls SEC charges ‘unjustified’

Update: Elon Musk and Tesla settle with SEC. Tesla’s billionaire CEO and chairman, Elon Musk, is calling the Securities and Exchange Commission’s fraud claims against him “unjustified” after reportedly passing up a settlement deal that would have temporarily forced him from … Continue reading

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SEC charges Tesla’s Elon Musk with securities fraud

Update: Elon Musk and Tesla settle with SEC. The Securities and Exchange Commission has charged Tesla’s billionaire CEO and chairman, Elon Musk, with securities fraud over a series of controversial tweets focusing on the electric-car company’s future financial status. If … Continue reading

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Tesla stock declines after report of criminal probe

Tesla shares fell by as much as 6.5 percent today after Bloomberg News reported that the electric-car company was the subject of a criminal investigation by the Justice Department, focusing on CEO Elon Musk’s claims that he had secured the funding to take … Continue reading

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Japanese billionaire signs up for SpaceX moon trip

SpaceX CEO Elon Musk today introduced Japanese billionaire Yusaku Maezawa as the first paying customer for a trip around the moon. “Finally I can tell you that ‘I choose to go to the moon,’” Maezawa said, echoing President John F. … Continue reading

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Tesla stock drops after Elon Musk smokes weed

Tesla share prices took a hit amounting to as much as 10 percent today, after billionaire CEO Elon Musk took a hit off what looked like as a marijuana stogie during a YouTube talk show. The controversial electric-car company was … Continue reading

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