Former Tesla Employee Settles Over Theft of Trade Secrets, False Claims to Media December 2, 2020 By Jonathan Stempel A former Tesla Inc. factory employee will pay Elon Musk’s electric car maker $400,000 after it accused him of tipping...
Safety Regulator Vows to ‘Closely Monitor’ New Tesla Self-Driving Software October 23, 2020 By Tina Bellon and David Shepardson The U.S. auto safety regulator said on Thursday it was closely watching Tesla Inc.’s release of a software version intended...
Advisor Drops Opposition to Tesla Director After Change in D&O Insurance September 3, 2020 By Kanishka Singh Proxy advisory firm Glass Lewis said late on Tuesday it had recommended Tesla Inc.’s investors to vote in favor of...
Tesla Says Hedge Fund Is Behind Ex-Employee’s Lawsuit August 13, 2020 By Edvard Pettersson Tesla Inc. says hedge fund Cable Car Capital LLC, which is shorting the company’s stock, is funding a former employee’s...
Tesla Invites Actuaries to Help It Create a ‘Revolutionary’ Insurance Company July 24, 2020 By Andrew G. Simpson Tesla, which has been testing an insurance product for its drivers in California, is preparing to build an insurer, one...
Tesla Pays CEO Musk Nearly $1M for Controversial D&O Insurance Arrangement July 1, 2020 By Dana Hull Tesla Inc. is making a one-time payment of almost $1 million to Chief Executive Officer Elon Musk related to a...
Companies Press Insurance Brokers for Workarounds to Rising D&O Costs June 15, 2020 By Jef Feeley and Katherine Chiglinsky When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits,...
CEO Musk Replaces Tesla’s D&O Policy with ‘Personal Coverage’ May 1, 2020 By Andrew G. Simpson Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s...
Judge Clears Way for Shareholder Suit Against Tesla, Musk Over Going-Private Tweet April 16, 2020 By Jonathan Stempel A federal judge said Tesla Inc. and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when...
Musk Holds Out As Other Tesla Directors Settle Investors’ SolarCity Claims for $60M January 30, 2020 By Jef Feeley and Dana Hull All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits...