According to a report by Bloomberg Law, Elon Musk is attempting to obtain enough equity and preferred financing for his proposed takeover of Twitter to avoid the requirement for a $6.25 billion margin loan tied […]
The United States Security and Exchange Commission (SEC) is now investigating Elon Musk for yet another issue. According to the Wall Street Journal, the US regulators are investigating Musk’s delayed disclosure of his stock purchase […]
US Judge Edward Chen determined that Elon Musk’s 2018 tweets about funding secured were inaccurate and reckless. As per reporting by Reuters, this statement comes from a pre-trial decision from the bench. Evidently, this is […]
A 22 day shutdown of Giga Shanghai from March 28 to April 19 had a significant, but expected affect on the factory’s production and delivery figures for April 2022. According to data from the China […]
Indonesian President Joko Widodo plans to meet Tesla CEO Elon Musk during his upcoming visit to the United States with the hopes of securing a nickel supply deal with the world’s leading EV automaker. Widodo […]
Tesla is suing former thermal engineer Alexander Yatskov claiming that he illegally copied company secrets to his personal devices. Tesla is accusing the former engineer of copying information about Tesla’s AI supercomputer Project Dojo. Not […]
The Orlando Police Pension Fund is suing Twitter and Elon Musk, saying the proposed $44 billion buyout can’t be completed until at least 2025. Regulatory filings published last month show Elon Musk has a 9.2% […]
Elon Musk has been successful in his attempts to secure more equity from investors to put towards his purchase of Twitter. According to a regulatory filing published this morning, Musk has been able to round […]
Elon Musk is reportedly already making plans to turn Twitter back into a publicly traded company within just a few years of taking it private. Even though Musk has yet to complete the deal to […]
Tesla’s second quarter production and delivery figures took an early hit after Giga Shanghai was forced to shut down for several weeks in April. Despite this, Global Equities Research analyst Trip Chowdhry believes the automaker […]
