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Judge clears Tesla (TSLA) of wrongdoing in toxic workplace lawsuit

September 20, 2023 1:38 PM EDT

Tesla (NASDAQ: TSLA) cleared of any wrongdoing on Tuesday in a lawsuit concerning to a toxic workplace, initiated by shareholders.

On Tuesday, a federal court determined that the lawsuit filed by the shareholders had deficiencies in its allegations. The lawsuit had accused Tesla of causing... More

Tesla (TSLA) reinstates free car offer through referral program

September 20, 2023 11:19 AM EDT

Tesla (NASDAQ: TSLA) is once again offering free vehicles through its referral program, encouraging individuals to persuade others to experience a test drive or make a purchase of one of the company's automobiles or energy products.

Tesla introduced the opportunity for individuals to potentially win a Model 3 Performance for just 1,000 credits, and owners are... More

Federal Tesla (TSLA) probe examines perks given to Musk going back several years

September 19, 2023 3:01 PM EDT

An exclusive story by the Wall Street Journal Tuesday reports that federal prosecutors in a probe of electric vehicle maker Tesla (NASDAQ: TSLA) are scrutinizing personal benefits the company may have provided to CEO Elon Musk since 2017. The inquiry is part of a criminal investigation examining issues including a proposed house for the multi-billionaire executive.

The U.S. Attorney's Office for the Southern District of New York is actively seeking details regarding transactions between Tesla and various entities linked to Musk. According to individuals familiar with the... More

Musk denies WSJ report on potential Tesla (TSLA) factory in Saudi Arabia

September 18, 2023 2:08 PM EDT

Tesla CEO Elon Musk took to his social media platform X to deny a recent report from The Wall Street Journal which suggested that his electric vehicle company, Tesla (NASDAQ: TSLA) and the kingdom of Saudi Arabia are in early discussions for a potential factory in the country. In the post, Musk noted that the report was another utterly false article from the... More

Will the EU postpone Brexit tariffs on EVs?

September 18, 2023 1:45 PM EDT

The European Union is hesitant to grant Britain's request for a postponement of impending tariffs on electric vehicle sales, as indicated by the United Kingdom's automotive industry association on Monday. Despite this, car manufacturers maintain a positive outlook, believing that a delay in implementing these tariffs can still be negotiated.

As per the terms of the Brexit trade agreement, starting in January, the... More