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Tesla, Musk must face shareholder lawsuit over going-private tweet

A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction......»»

Category: topSource: reutersApr 15th, 2020

Here"s how Tesla went from Elon Musk"s infamous $420 tweet to being worth almost $500 per share (TSLA)

AP Photo/Jae C. Hong In August 2018, Tesla CEO Elon Musk tweeted that he had secured funding to take Tesla private, at $420 per share — a g.....»»

Category: topSource: businessinsiderJan 11th, 2020

Tesla is on a tear and reaches a 52-week high

Today's high surpassed intraday highs reached when CEO Elon Musk sent his infamous "funding secured" tweet in August 2018......»»

Category: topSource: moneycentralDec 18th, 2019

Tesla"s chaotic year after Musk"s "funding secured" tweet

Tesla CEO Elon Musk's now-infamous tweet on Aug. 7, 2018 marked the beginning of a chaotic 12 months for the Silicon Valley automaker......»»

Category: topSource: moneycentralAug 8th, 2019

Elon Musk"s "funding secured" tweet could cost Tesla millions, former SEC chairman says (TSLA)

Evan Vucci/AP Images The SEC is reportedly inquiring into a tweet from Tesla CEO Elon Musk about the potential for the company to go private. An inquiry from t.....»»

Category: topSource: businessinsiderAug 10th, 2018

SEC Sends Subpoena to Tesla in Probe Over Musk Tweets

Federal regulators have subpoenaed Tesla, ramping up an investigation into Chief Executive Elon Musk’s tweet last week that he had secured funding to take the electric-car maker private......»»

Category: smallbizSource: wsjAug 16th, 2018

Message from Tesla bonds, short sellers: Musk must go

Shares of Tesla are down 25 percent since the infamous "funding secured" tweet from CEO Elon Musk and the electric car company's bonds are trading at all-time lows as some investors bet Musk is on his way out......»»

Category: videoSource: reutersSep 7th, 2018

SEC alleges Tesla’s Elon Musk lied to investors and seeks his removal as CEO

Federal regulators allege Musk misled investors when he claimed that he had secured funding to take Tesla private......»»

Category: topSource: washpostSep 28th, 2018

Federal Judge Approves Musk, Tesla Settlements With SEC

A federal judge approved settlements between Elon Musk, Tesla and securities regulators over the chief executive’s August tweet saying he had secured funding to take the auto maker private......»»

Category: smallbizSource: wsjOct 16th, 2018

Elon Musk criticized federal regulators on Twitter and said the $20 million fine he paid over his "funding secured" tweet was "worth it" (TSLA)

AP Tesla CEO Elon Musk took veiled shots at the Securities and Exchange Commission and federal prosecutors in a tweetstorm on Friday. The US Justice Department's investigation into whether he and T.....»»

Category: topSource: businessinsiderOct 28th, 2018

Judge deems Musk"s "funding secured" tweet false and misleading. A trial awaits

Already sanctioned by the SEC on a fraud charge, Elon Musk and Tesla fight a civil suit on his buyout claim. Already sanctioned by the SEC on a fraud charge, Elon Musk and Tesla fight a civil suit on his buyout claim......»»

Category: topSource: latimesApr 15th, 2020

"So high": Tesla shares cross $420 mark over a year after Musk buyout tweet

Tesla Inc shares traded above $420 on Monday, more than a year after Elon Musk tweeted he had "funding secured" to take the electric car maker private at that price, only to later give up under investor pressure and regulatory concerns......»»

Category: topSource: reutersDec 23rd, 2019

Tesla rips past $420 — the price Elon Musk targeted in the notorious "funding secured" tweet uproar

AP Tesla shares soared to a record high Monday, ripping past CEO Elon Musk's previous target price of $420 per share. The automaker jumped as much as 3.6% in early trading after a Reuters report detailed Tesla's pl.....»»

Category: topSource: businessinsiderDec 23rd, 2019

Tesla boss Elon Musk wins defamation trial over his "pedo guy" tweet

Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter......»»

Category: topSource: reutersDec 7th, 2019

Tesla boss Elon Musk wins defamation trial sparked by "pedo guy" tweet

Tesla Inc boss Elon Musk gained a stunning legal victory on Friday as a federal court jury swiftly rejected the $190 million defamation claim brought by a British cave explorer who Musk had branded a "pedo guy" on Twitter......»»

Category: topSource: reutersDec 6th, 2019

It"s been a year since Elon Musk"s infamous "funding secured" tweet

The out-of-nowhere suggestions of a buyout sent markets into a tizzy. It later cost Musk and Tesla $40 million in fines......»»

Category: topSource: moneycentralAug 7th, 2019

Musk"s lawyers say tweet complied with SEC fraud settlement

Attorneys are telling a federal judge that Tesla CEO Elon Musk should not be found in contempt because he didn't violate a securities fraud settlement......»»

Category: topSource: foxnewsMar 11th, 2019

Therese Poletti"s Tech Tales: Hey Elon Musk, where’s the funding to take Tesla private?

It’s now been three days since Elon Musk roiled the U.S. markets with a tweet contending that funding was secured to take Tesla private at $420 a share in what would be the largest corporate private buyout ever, and his silence since is deafening......»»

Category: topSource: marketwatchAug 10th, 2018

Tesla surges after Elon Musk offers details about his "funding secured" tweet (TSLA)

Tesla CEO Elon Musk wrote in a blog post Monday that he left a meeting on July 31 with "no question that a .....»»

Category: topSource: businessinsiderAug 13th, 2018

Elon Musk Provides Further Details on Taking Tesla Private

Tesla CEO Elon Musk on Monday posted some of the details behind his tweet last week that he was considering taking the company private and that funding had been secured for the transaction. Tesla's........»»

Category: blogSource: 247wallstAug 13th, 2018