Tesla CEO Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $906.5 million, US securities filings showed
A female Tesla employee has filed a rare lawsuit against Elon Musk-run company, accusing the automaker of creating a hostile work environment where sexual harassment was "rampant."
As of early Wednesday, Musk had sold roughly 8.2 mn shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 bn
Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes
JPMorgan demanded the due shares or cash, but Tesla has flagrantly ignored its clear contractual obligation to pay JPMorgan in full," the complaint said.
The billionaire disposed of 639,737 shares on Thursday worth about $687 million
It's the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezos's $36 billion plunge
On Sunday, Elon Musk created an attention-grabbing Twitter poll about whether he should sell 10% of his formidable stake in Tesla Inc.
Tesla Inc CEO Elon Musk should sell about 10% of his Tesla stock, according to 57.9% of people who voted on his Twitter poll
This week, Tesla surpassed $1 trillion in market value, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp, Volkswagen AG, Daimler AG, Ford Motor Co and General Motors.
Record sales last summer propelled Tesla to the biggest quarterly net earnings in its history
Tesla said it had delivered a record electric cars in the third quarter, beating Wall Street estimates after CEO Elon Musk asked staff to "go super hardcore" to make a quarter-end delivery push.
Tesla and SpaceX CEO Elon Musk has criticised US President Joe Biden as "not the friendliest administration" after the White House snubbed his company last month.
Elon Musk said the electric automaker will probably launch a "Tesla Bot" humanoid robot prototype next year, designed for dangerous, repetitive, or boring work that people don't like to do
Musk, 49, first announced plans more than a year ago to sell his homes and most of his possessions as a way to blunt criticism of his wealth.
While consumer advocates said Musk was hurting investors and making a mockery of the public markets, it was unclear that he was breaking any rules simply by wielding his influence
Musk in December last year tweeted that he offered Cook to sell his electric car company at one-tenth of its value during the struggling period in 2017 but the Apple CEO refused to meet him
The US auto safety agency said on Monday that it will collect information about an accident in which a Tesla vehicle crashed into a tractor-trailer in New Jersey
The Tesla Inc. chief executive officer lost $27 billion since Monday as shares of the automaker tumbled in the selloff of tech stocks