Former Tesla employee Jessica Barraza filed a lawsuit against Tesla on Thursday, claiming she was subject to catcalling and “aggressive physical touching,” as well as a slew of inappropriate comments when working at the carmaker’s factory in Fremont, California, the Washington Post reported. In an interview with the Post, Barraza …
Read More »
The car, named G9, was unveiled at the Guangzhou International Automobile Exhibition. It’s Xpeng’s fourth production model and will be the first to possess the carmaker’s latest advanced driver assistance system. “G9 is our first model to be conceived and developed from the ground up for both the international and Chinese …
Read More »
The complaint, filed in a Manhattan federal court on Monday, alleges that Tesla sold warrants to JPMorgan in 2014, which were to be paid off if their strike price, or guaranteed fixed price, was below Tesla’s share price upon the warrants’ expiration in June and July 2021. Tesla’s share price …
Read More »
The stock was at nearly $130 per share at the end of Friday’s trading session, marking a daily surge of more than 5.65%, after a jump of over 67% from its initial public offering price of $78 during its first day at the stock exchange on Wednesday. The market value …
Read More »
Musk sold 1.2 million shares held by his trust for more than $1.2 billion on Friday, the latest in a series of his stock transactions this week, according to new filings with the US Securities and Exchange Commission. Prior to the sale, the entrepreneur, one of the world’s richest men, …
Read More »
According to a report by CNBC, Musk faces a $15 billion tax bill on stock options expiring next year, which is likely the real reason he considered selling 10% of his Tesla stock in the first place. As Musk himself declared, he doesn’t take a salary or cash bonus from …
Read More »
Musk – the CEO of Tesla and the world’s richest man – put the decision of whether to sell his stock to a Twitter poll on Saturday and pledged to “abide by the results of this poll, whichever way it goes.” Over 3.5 million people voted in the poll, which …
Read More »
In a tweet on Saturday, Musk asked his followers to vote either yes or no to the sale of the stocks, which are valued at around $21 billion. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. …
Read More »
Tesla is all about its CEO, Elon Musk. Musk is an epic showman and a slick salesman who can sell anything to anyone. Tesla, with its questionable profitability, still has a market capitalization that exceeds $1 trillion. In fact, Holon Global Investment’s Whitney Tilson predicts Tesla’s market capitalization is headed …
Read More »
The shares rose by as much as 15%, changing hands at $1,045 in Nasdaq trading on Monday. The latest surge came on the first day of regular trading after Tesla’s stock closed above $900 for just the second time. With about 1.083 billion shares outstanding, the company’s market cap was …
Read More »