Press "Enter" to skip to content

Posts tagged as “Tesla”

Elon Musk to Face Trial Over Tweet Claiming He Had Secured Financing for $72 Billion Buyout of Tesla

Elon Musk, the billionaire CEO of Tesla, is set to face a trial over a tweet he made in 2018 claiming he had secured financing for a $72 billion buyout of the company. The lawsuit alleges that the tweet was an attempt to manipulate the stock market and artificially inflate Tesla's stock price. Musk has denied the allegations, claiming that the tweet was an accurate reflection of his plans at the time, and the trial is expected to last several weeks with the outcome having a significant impact on Musk's reputation and the future of Tesla.

Tesla Slashes Prices on Several Models, Making Them Eligible for New Federal Tax Credit

Tesla Inc. has reduced the prices of several of its electric vehicles, making them eligible for a new federal tax credit that could help spur buyer interest. Despite the move, investors were not pleased and Tesla shares dropped nearly 4%. The company is hoping the tax credit and price cuts will encourage more people to buy its vehicles.

We've updated the design to something a little more modern.  Got an opinion?  Let us know!