Trading Profile: Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and advanced electric vehicle powertrain components. It offers Tesla Roadster, an electric sports car. The company markets and sells its vehicles directly to consumers through the phone and Internet, as well as through its network of Tesla stores. It operates 18 Tesla stores located in Boulder, Chicago, Los Angeles, Menlo Park, Miami, New York, Newport Beach, San Jose, Seattle, Washington, D.C., Copenhagen, London, Milan, Monaco, Munich, Paris, Tokyo, and Zurich. The company was founded in 2003 and is headquartered in Palo Alto, California.
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Recent TSLA News from Yahoo Finance & Seeking Alpha
Market Chatter: Tesla's Full Self-Driving Technology May Hit Regulatory Roadblock in European Union »
Tesla's (TSLA) full self-driving system could be facing skepticism from European regulators toward t
Elon Musk settles SEC Twitter disclosures lawsuit for $1.5 million »
STORY: Elon Musk has settled a U.S. Securities and Exchange Commission lawsuit against him for a $1.5 million fine.The suit accuses the world's richest person of waiting too long in 2022 to disclose his initial purchases of shares in Twitter, now known as X.Under the settlement disclosed Monday, a trust in Musk's name will pay the fine.The Tesla chief did not admit wrongdoing, and won't have to give up any of the $150 million he allegedly saved from the delay.Now the settlement requires approval by U.S. District Judge Sparkle Sooknanan, who in February rejected Musk's bid to dismiss the case.The SEC declined to comment.In its lawsuit, the regulator said Musk's 11-day delay in revealing his initial 5% Twitter stake let him buy more than $500 million of shares at artificially low prices, before he finally revealed a 9.2% stake.Musk called the delay inadvertent, and accused the SEC of violating his free speech rights by targeting him.The case is separate from a civil suit where a San Francisco jury in March held Musk liable for having defrauded Twitter shareholders after announcing the buyout.
Tesla’s FSD push in Europe hits roadblocks - report »
Exclusive-Tesla faces EU skepticism over automated-driving tech, records show »
Tesla CEO Elon Musk has projected confidence that the European Union will soon green-light the carmaker's "Full Self-Driving" (FSD) system, but emails from some European regulators show marked skepticism toward the technology and its stated safety benefits. Tesla's "FSD (Supervised)" technology got the nod from Dutch road regulator RDW in April. RDW is now seeking EU approval for FSD, with a key committee hearing scheduled for Tuesday.
Stock Market Today, May 4: Intel Pulls Back After Rally as AI PC Push Tests New Client Leadership »
Intel’s new client-computing leadership adds focus to its push beyond traditional PCs, with upcoming results needing clearer evidence that AI PC demand and data center CPU sales can support the stock’s post-rally valuation.
Older Archived News Tesla Motors Inc
- Tesla (TSLA) Stock Closed Down After Raising Price of Autopilot Feature.
- Tesla (TSLA) Stock Down, Wins Approval for $2.6 Billion SolarCity Deal.
- Tesla (TSLA), Salesforce Top Forbes List of Most Innovative Companies, Apple Left Off.
- Tesla (TSLA) Stock Up, Wins Approval for $2.6 Billion SolarCity Deal.
- Elon Musk Personally Finances SolarCity’s Bond Offering (TSLA, SCTY).
- Here’s How the New Teslas Stack Up Against Bugatti, Lamborghini, and Ferrari.
- Tesla's Newest Model S: 0 to 60 in 2.5 Seconds.
- Tesla Upgrades Battery Pack in Appeal to Sports Car Enthusiasts.
- Tesla Unveils the World’s Fastest Production Car: 0 to 60 in 2.5 Seconds.
- Musk Adds More Powerful Battery to Tesla Models.Load More News...
