Tesla Stock Dives on ‘Demoralizing’ Q2 Results
Despite record deliveries, the company posted a larger-than-expected loss as rising costs weighed on profitability.
Tesla to Raise $2B in Return to Public Markets
Stock and convertible debt offerings will boost Tesla's cash position as it faces expensive challenges, including developing new models.
SEC Seeks Contempt Sanctions for Musk
Regulators say Elon Musk has not sought pre-approval for social media statements, as required by a settlement agreement.
Judge Signs Order for Musk to Respond to SEC Contempt Motion
The Tesla chief needs to explain why he had not violated a settlement agreement that required him to get approval before sending company related tweets.
Tesla CFO Ahuja’s Retirement Stuns Wall St
Deepak Ahuja's departure overshadowed Tesla's Q4 results, with one analyst calling it a “significant loss of institutional knowledge.”
Tesla to Slash Full-Time Workforce by 7%
CEO Elon Musk says costs must be cut because "our products are still too expensive for most people.”
Tesla Adds ‘Big Believer’ Larry Ellison to Board
Some analysts question whether the Oracle co-founder can bring independent oversight to Tesla given his friendship with Elon Musk.
Investors and the public will no longer tolerate personal misconduct by executives. Now, boards have to do the same.
Converging Technologies Will Lead to ‘Continuous Auditing’
Technological advancement also promises huge strides for many industries but perhaps a dire fate for others, a futurist tells accountants and auditors.
SEC Sues Elon Musk Over Tesla Buyout Claims
The suit says Tesla's CEO misled investors with his tweets about a possible go-private deal and should be removed from his position.
Tesla CAO Morton Quits After a Month on Job
Dave Morton's resignation "comes at a particularly precarious financial time" for the automaker.