Elon Musk

Judge Signs Order for Musk to Respond to SEC Contempt Motion
Risk & Compliance

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.
By Lauren Muskett | February 26, 2019
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Tesla CFO Ahuja’s Retirement Stuns Wall St
People

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.”
By Matthew Heller | January 31, 2019
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Tesla to Slash Full-Time Workforce by 7%
Strategy

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.”
By Matthew Heller | January 18, 2019
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Tesla Adds ‘Big Believer’ Larry Ellison to Board
Risk & Compliance

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.
By Matthew Heller | December 28, 2018
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Breaking Bad
Workplace Issues

Breaking Bad

Investors and the public will no longer tolerate personal misconduct by executives. Now, boards have to do the same.
By Russ Banham | December 3, 2018
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Converging Technologies Will Lead to ‘Continuous Auditing’
Technology

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.
By David McCann | November 19, 2018
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SEC Sues Elon Musk Over Tesla Buyout Claims
Risk & Compliance

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.
By Matthew Heller | September 28, 2018
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Tesla CAO Morton Quits After a Month on Job
People

Tesla CAO Morton Quits After a Month on Job

Dave Morton's resignation "comes at a particularly precarious financial time" for the automaker.
By Matthew Heller | September 7, 2018
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Tesla Shares Fall Amid Doubts About Elon Musk
Strategy

Tesla Shares Fall Amid Doubts About Elon Musk

With CEO Musk now abandoning the idea of taking Tesla private, some analysts are questioning his credibility.
By Matthew Heller | August 27, 2018
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Tesla Shares Jump 16% Despite Record Loss
Financial Performance

Tesla Shares Jump 16% Despite Record Loss

The automaker predicts it can produce 7,000 vehicles per week, which would enable it "to become sustainably profitable for the first time in our history."
By Matthew Heller | August 3, 2018
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Three Questions to Ask about Tesla
Investor Relations

Three Questions to Ask about Tesla

Will Elon Musk succeed with his strategy of wooing investors with promises for the future and one shiny new object after another?
By Vitaliy Katsenelson | August 1, 2018
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Proposals to Separate Joint CEO-Board Chair Roles Go Nowhere
Risk & Compliance

Proposals to Separate Joint CEO-Board Chair Roles Go Nowhere

Each year dozens of shareholder proposals seek to quash potential conflicts of interest by calling for an independent chair. But they hardly ever pass.
By Joseph Kieffer | July 12, 2018
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Tesla to Cut 9% of Workforce in Profit Push
Strategy

Tesla to Cut 9% of Workforce in Profit Push

"It is clear that Tesla is under tremendous pressure to finally turn a profit and is attempting to address it by cutting overhead."
By Matthew Heller | June 13, 2018
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Tesla Offers $1.5B in Junk Bonds to Raise Cash
Credit

Tesla Offers $1.5B in Junk Bonds to Raise Cash

The company's first junk issue is a bet that "bond investors will be as hungry as stock investors to back" Tesla as it ramps up production of the Model 3.
By Matthew Heller | August 7, 2017
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Starbucks to Hire 10,000 Refugees After Immigration Ban
Recruiting

Starbucks to Hire 10,000 Refugees After Immigration Ban

CEO Howard Schultz said the company will be “doubling down” on efforts to support refugees over the next five years.
By Sean Allocca | January 30, 2017
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