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Elizabeth Warren urges SEC to probe Tesla over board independence: report

In a letter Thursday, Sen. Elizabeth Warren asked the Securities and Exchange Commission to investigate whether Tesla violated regulations regarding board independence for public companies. “In recent months, new evidence has come to light that deepens our concerns that Tesla’s board lacks independence from Mr. Musk,” Sen. Warren wrote in a letter to SEC Chairman […]

Angela Chao was drunk when she backed Tesla into pond and died: police

Angela Chao, the billionaire sister-in-law of Sen. Mitch McConnell, died last month after she was drunk and accidentally crashed her Tesla into a pond on a Texas ranch, police said. The discovery, detailed in a report released Wednesday by the Blanco County Sheriff’s Office, shows Chao’s blood-alcohol level was low when he reversed his car […]

Tesla Is the Worst Performing Stock in S&P 500 This Year

Elon Musk’s Tesla was once hailed as a pioneer in the electric vehicle revolution, but there are growing doubts about its ability to maintain growth and maintain its dominance in the increasingly competitive EV market. The company’s stock price has fallen 32% since January, making the electric vehicle giant the worst-performing stock in the S&P […]

Tesla settles bias lawsuit by black former worker after $3M verdict

Tesla has settled a long-running lawsuit by a black former factory worker who claimed he was subjected to severe racial harassment, according to a court filing Friday, as the electric car maker faces a series of other discrimination lawsuits. It was announced that. Lawyers for Tesla and Owen Diaz, a former elevator operator at the […]