Thursday’s Senate hearing on Brett Kavanaugh’s Supreme Court nomination was an embarrassment that should have never happened.
Archives for September 28, 2018
U.S. securities regulators on Thursday sought to force Tesla Inc. Chief Executive Elon Musk out of the company he helped get off the ground about 15 years ago, alleging he misled shareholders when he tweeted he had funding for what would have been the largest-ever corporate buyout.
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Tesla Inc.’s board backed embattled Chief Executive Officer Elon Musk after the Securities and Exchange Commission sued the billionaire for his explosive August tweet about a buyout of the electric-car company he founded. The shares fell 10 percent in pre-market trading.
Tesla’s approach to developing and selling self-driving technology could cause some hiccups for the company down the line, experts say.