Tesla Motors
Elon Musk ousted as Tesla chairman, asked to pay $20 m fine
01 Oct 2018
As part of the settlement of an SEC lawsuit, Musk will neither admit nor deny the allegations, but will resign as Tesla chairman and pay $20-mn fine with Tesla also paying a similar fine
SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief
28 Sep 2018
In its lawsuit, the US regulator said Musk calculated the $420 price per share, at a 20 per cent premium over that day’s closing share price and that the number’s slang reference to marijuana and hints in emails and text messages pointed that it was only intended to impress his girlfriend
Tesla downsizing solar business, shuttering several offices
22 Jun 2018
Tesla had controversially acquired SolarCity, run by two of Elon Musk’s cousins, in what critics had termed a bailout at the expense of Tesla shareholders. Now, it is closing several solar installation offices and downsizing staff
Truck startup Nikola sues Tesla for ‘infringing’ several patents
03 May 2018
Nikola Motor Company has filed a $2-billion lawsuit against Tesla claiming several patent infringements after Tesla sought to poach Nikola’s chief engineer
‘Automated Tesla cars can save 900,000 lives a year,’ says carmaker
02 Apr 2018
One automotive fatality takes place every 86 million miles across all vehicles from all manufacturers, while for vehicles fitted with autopilot hardware, it is one fatality, every 320 million miles
Musk and Mark raise the muck
24 Mar 2018
Elon Musk and Mark Zuckerberg are battling it out over SpaceX and Facebook, much to the glee of their global ‘followers’
Musk’s Tesla may have carried largest load of bacteria into space
03 Mar 2018
Scientists say NASA understands the danger of land-borne bacteria falling on other planets and therefore ensures that all it spacecraft sent to the Moon or Mars, are processed and sterilised, unlike Musk's Tesla Roadster, which was launched by the Space Explorer in February
Hackers hijack Tesla's Amazon cloud account to mine crypto-currency
21 Feb 2018
The attack on Tesla is the latest in a string of crypto-jacking attacks where thieves hijack unsuspecting victims’ computers to generate virtual currencies
