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Stories about: SEC

Accusers Say Elon Musk Tried to Confuse the Jury During ‘Funding Secured’ Tweet Trial
Accusers Say Elon Musk Tried to Confuse the Jury During ‘Funding Secured’ Tweet Trial

29 Jan 2023, 17:54 UTC · By: Gustavo Henrique Ruffo / The Tesla CEO tried to prove he was innocent when the judge had already ruled that his tweet to take Tesla private was false and reckless

 
The U.S. SEC Is Reportedly After Elon Musk for His Autopilot Promises
The U.S. SEC Is Reportedly After Elon Musk for His Autopilot Promises

28 Jan 2023, 12:38 UTC · By: Gustavo Henrique Ruffo / Things may get complicated for the Tesla CEO after Bloomberg revealed that he dictated false statements about Autopilot in a video

 
Tesla Is Also Being Probed by the U.S. SEC for Possibly Misleading Investors About FSD
Tesla Is Also Being Probed by the U.S. SEC for Possibly Misleading Investors About FSD

27 Oct 2022, 22:25 UTC · By: Gustavo Henrique Ruffo / The U.S. Securities and Exchange Commission would investigate exaggerated claims about Tesla’s ADAS from shareholders' perspective

 
Tesla Publicly Lied on Twitter, Got Epicly Debunked by Court Documents
Tesla Publicly Lied on Twitter, Got Epicly Debunked by Court Documents

21 Sep 2022, 17:02 UTC · By: Gustavo Henrique Ruffo / Bloomberg published that David Searle left the company on August 17, but Tesla said that was a lie. Court documents proved who was lying in the end.

 
Judge Rules Elon Musk's Tweet About Funds to Take Tesla Private in 2018 Was False
Judge Rules Elon Musk's Tweet About Funds to Take Tesla Private in 2018 Was False

18 Apr 2022, 07:48 UTC · By: Gustavo Henrique Ruffo / That can become a major defeat in the lawsuit the Tesla CEO is facing from Tesla investors seeking damages from the disastrous tweet

 
Rivian Warns of Continuing Losses for the Foreseeable Future in a Filing With the SEC
Rivian Warns of Continuing Losses for the Foreseeable Future in a Filing With the SEC

1 Apr 2022, 13:35 UTC · By: Cristian Agatie / Rivian expects to incur significant expenses and continuing losses for the foreseeable future as it ramps up production, according to a 10-K filing with the SEC

 
Elon Musk Quotes Eminem's Famous Lyrics Fighting SEC Over Decree
Elon Musk Quotes Eminem's Famous Lyrics Fighting SEC Over Decree

29 Mar 2022, 16:14 UTC · By: Humphrey Bwayo / Tesla CEO, Elon Musk likened himself to rapper Eminem quoting his "Without Me" lyrics over a ruling requiring a Tesla Lawyer to pre-approve his tweets

 
Elon and Kimbal Musk Are Reportedly Under SEC Investigation for Insider Trading
Elon and Kimbal Musk Are Reportedly Under SEC Investigation for Insider Trading

25 Feb 2022, 15:05 UTC · By: Gustavo Henrique Ruffo / Elon Musk’s brother sold about $109 million in shares one day before the Tesla CEO asked Twitter followers if he should do the same.

 
Nikola Settles Fraud Charges by Paying $125 Million to SEC
Nikola Settles Fraud Charges by Paying $125 Million to SEC

22 Dec 2021, 10:03 UTC · By: Gustavo Henrique Ruffo / Most of the accusations refer to Trevor Milton, who is said to have misled “investors about Nikola’s technological advancements”

 
Lucid Motors Becomes the Latest Upstart EV Company To Get Investigated by the SEC
Lucid Motors Becomes the Latest Upstart EV Company To Get Investigated by the SEC

6 Dec 2021, 22:02 UTC · By: Stephen Rivers / Despite being one of the few new EV automakers to actually bring a vehicle to the market Lucid is being investigated by the SEC over its SPAC public offering

 
Tesla Faces SEC Investigation Due to Whistleblower Claims About SolarCity
Tesla Faces SEC Investigation Due to Whistleblower Claims About SolarCity

6 Dec 2021, 16:48 UTC · By: Gustavo Henrique Ruffo / According to Steven Henkes, Tesla failed to inform investors and customers about fire risks associated with its solar panel systems

 
Elon Musk Sold Tesla Shares Before Twitter Poll Decided He Should Do It
Elon Musk Sold Tesla Shares Before Twitter Poll Decided He Should Do It

11 Nov 2021, 10:08 UTC · By: Gustavo Henrique Ruffo / It was already planned since September 14, when Musk filed with SEC a form known as a 10b5-1. That sale raised $1.1 billion, but Musk sold more shares already

 
That Sound You’re Hearing Is Lordstown Crashing: Endurance Has No Firm Orders
That Sound You’re Hearing Is Lordstown Crashing: Endurance Has No Firm Orders

19 Jun 2021, 06:25 UTC · By: Elena Gorgan / The first units of the Endurance are scheduled for deliveries in three months’ time, but the EV startup has been facing a series of incredible hurdles

 
Lordstown Motors Fears It May Go Bust If It Does Not Get Urgent Funding
Lordstown Motors Fears It May Go Bust If It Does Not Get Urgent Funding

9 Jun 2021, 12:31 UTC · By: Gustavo Henrique Ruffo / The electric pickup truck manufacturer born of a former GM plant listed a lack of proper funding as one of the risks in an SEC Form 10-K amendment.

 
Lordstown Needs More Money, Halves Production of Endurance e-Truck
Lordstown Needs More Money, Halves Production of Endurance e-Truck

26 May 2021, 04:31 UTC · By: Elena Gorgan / Lordstown Motors CEO Steve Burns says the ongoing health crisis and “industry-wide related issues” have dried out cash reserves, new financial support is needed

 
Canoo Is Subject to Extensive SEC Investigation
Canoo Is Subject to Extensive SEC Investigation

19 May 2021, 07:02 UTC · By: Elena Gorgan / EV startup has caught the eye of the U.S. Securities and Exchange Commission, which is looking at all operations and recent executive departures, report says

 
Volkswagen Is Officially Under SEC Investigation Over Failed Voltswagen Prank
Volkswagen Is Officially Under SEC Investigation Over Failed Voltswagen Prank

30 Apr 2021, 04:20 UTC · By: Elena Gorgan / The Securities and Exchange Commission is looking into the possibility that the re-branding prank might have influenced VW’s stock price

 
Elon Musk Crowns Himself Technoking of Tesla and That’s Why People Love Him
Elon Musk Crowns Himself Technoking of Tesla and That’s Why People Love Him

16 Mar 2021, 12:10 UTC · By: Elena Gorgan / Latest SEC filing updates Musk’s position with Tesla, while Chief Financial Officer Zach Kirkhorn is named Master of Coin

 
Harley-Davidson Seeking $150 Million Loan, Calls It "Additional Liquidity"
Harley-Davidson Seeking $150 Million Loan, Calls It "Additional Liquidity"

15 Jun 2020, 19:47 UTC · By: Mircea Panait / You know business isn't going great at Harley-Davidson when the company is seeking $150 million in "additional liquidity"

 
FCA Lied About U.S. Sales Figures, Now It Has To Pay $40 Million Fine
FCA Lied About U.S. Sales Figures, Now It Has To Pay $40 Million Fine

28 Sep 2019, 13:38 UTC · By: Mircea Panait / $40 million is all it took Fiat Chrysler to get the heat off misreporting sales figures in the United States for the better part of four years