Tesla aggressively embraced Bitcoin in 2021, investing $1.5 billion in the currency. But it now says its profitability was affected by "Bitcoin impairment."
In a lawsuit, Twitter has asked the Delaware Court of Chancery to order the Tesla CEO to follow through with a $44 billion takeover bid for the social media company.
Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.
There were five deaths and six serious injuries in the 392 crashes reported to the National Highway Traffic Safety Administration from July 2021 to May 2022. Two-thirds of the crashes involved Teslas.
The world's richest man, who has run afoul of regulators before, is in their sights again as he tries to buy Twitter. It's raising questions about the SEC's ability to police the rich and powerful.
Musk says he will review and directly approve any requests for employees who wish to be exempt from the company's return-to-work policy, according to leaked emails reported by Electrek.
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
Tesla shares dropped 12.2%, wiping out more than $125 billion off its market value, over worries about how it would be impacted as Elon Musk looks to complete his takeover of Twitter.
A federal judge has slashed the award to Owen Diaz over claims that he was subjected to racial discrimination at work to $15 million. A jury had ordered the automaker to pay Diaz $137 million.
Unfair labor practice charges have previously been filed against Tesla, Musk and other company executives for allegedly blocking union organizing attempts at the company.
California's Department of Fair Employment and Housing said in a lawsuit filed Wednesday that Black employees at Tesla's Fremont plant in the state have faced racism and harassment.
Tesla recalls nearly 54,000 vehicles because their "Full Self-Driving" software lets them roll through stop signs without coming to a complete halt. It will disable the feature with a software update.
California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.
Tesla on Friday announced the opening of its showroom in Urumqi, the capital of Xinjiang, where officials are accused of abuses against mostly Muslim ethnic minorities.