Tesla to Seek Investor Approval on Second Stock Split at Annual General Meeting: Details

Tesla to Seek Investor Approval on Second Stock Split at Annual General Meeting: Details

Tesla will host its annual general meeting on Thursday, with the world’s most valuable automaker’s proposal for a second stock split in as many years set to take center stage for investors gathered in Austin, Texas. Also on the agenda are shareholder proposals for corporate governance-related items, including endorsing the right…

Tesla Received Second Subpoena From US SEC Over Elon Musk’s 2018 Go-Private Tweets

Tesla Received Second Subpoena From US SEC Over Elon Musk’s 2018 Go-Private Tweets

Tesla has received a second subpoena from the US Securities and Exchange Commission over its Chief Executive Elon Musk’s tweets in 2018 about taking the company private, the electric automaker disclosed in a regulatory filing on Monday. The company said it received the subpoena on June 13 and will cooperate…

Tesla Reportedly Ordered by German Court to Reimburse Customer for Autopilot Issues

Tesla Reportedly Ordered by German Court to Reimburse Customer for Autopilot Issues

A Munich court has ordered Tesla to reimburse a customer for most of the EUR 112,000 (roughly Rs. 90,00,000) she paid for a Model X SUV because of problems with the Autopilot function, Der Spiegel reported on Friday. A technical report showed the vehicle did not reliably recognise obstacles like…

Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk

Twitter Shares Rise After Hindenburg Takes Long Position Amid Legal Battle Against Elon Musk

Short-seller Hindenburg Research said on Wednesday it had taken a long position in Twitter shares and warned the social media firm’s lawsuit against Elon Musk, the world’s richest man, could pose a threat to his companies. Twitter‘s shares rose about 6 percent to $35.90 (nearly Rs. 2,900) on the news,…

Tesla Said to Pause Production After Shaky Quarter With Historic Production Milestone

Tesla Said to Pause Production After Shaky Quarter With Historic Production Milestone

Tesla investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multiple plants. The electric-car maker will halt most production on its Model Y assembly line in Shanghai for the first two…

Tesla to Seek Investor Approval on Second Stock Split at Annual General Meeting: Details

Tesla’s Run of Record Deliveries May Take a Hit This Year Due to COVID-Related Shutdown, Predict Analysts

Tesla is expected to end its nearly two-year-long run of record quarterly deliveries as a prolonged COVID-related shutdown in Shanghai hit its production and supply chain, highlighting the risks of its reliance on China. While Tesla Chief Executive Elon Musk has been pursuing the acquisition of social media platform Twitter,…