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.
S&P Questions Tesla’s Profitability Outlook
While the automaker sees a return to profitability in Q3 after the $702 million Q1 loss, S&P is predicting only limited improvement.
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.
CFOs on the Move: Week Ending March 15
Tesla, Restoration Hardware, Automatic Data Processing, Helios & Matheson Analytics, ANGI Homeservices, Mohawk Industries, Element Solutions, Realogy
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.
CFOs on the Move: Week Ending Feb. 1
Tesla, Snap, Yum Brands, Reading International, Welty Building, GlobalLogic, NextEra Energy, USA Technologies, Horizon Global
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.
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.