Trial began in US District Court in Los Angeles in a defamation lawsuit brought against Tesla Elon Musk by British cave diver Vernon Unsworth over three July 15, 2018 tweets by the Tesla chief executive, one calling him "pedo guy."
Tesla is counting on the Model 3 to help the company become profitable on a sustainable basis and transform it from a niche player to a heavyweight in the automobile industry.
The company announced its latest plans during an investor conference on Monday. But sceptics doubt Tesla can pull it off.
Tesla said it had amended its asset-backed lending credit agreement with a syndicate of banks, increasing revolving commitments by $500 million to a total of $2.42 billion, while extending the maturity date of the agreement by three years.
Tesla cuts prices by knocking $2,000 off each of its model 3. The company said the cuts will help the customers to deal with the loss of a $7,500 federal tax credit.
Tesla CEO Musk uses his Twitter account to jab the Securities and Exchange Commission, the same agency that went after him for an August 7 tweet in which he declared he had secured financing for a Tesla buyout.
The Jamaican sprint legend was back on the starting line but found it a challenge to stay on his feet in zero gravity conditions aboard an aeroplane.
Tesla stock was on track for its biggest daily slump in two years as Wall Street questioned Musk’s ability to lead the electric car maker.
Turkish parliament has approved the establishment of the state-owned International Health Services (USHAS) to promote the country’s health tourism abroad and to fully realise its potential.
With less than a week for the elections, Turkey's presidential candidates are finalising their promises regarding the economy. All the candidates running in the presidential election have distinctive economic pledges for the new term.
Tesla said a "supermajority" of shareholders rejected a proposal to force Musk to step down as Tesla's chairman, a position he has held since 2004.
The investment firm founded and chaired by billionaire George Soros took a stake in Tesla Inc bonds during the first three months of the year, giving the electric carmaker run by Elon Musk a prominent supporter.
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