• Tesla Is Under Investigation After 2 More Factory Accidents

    2 monthes ago - By Fortune

    Tesla is under siege for its massive quarterly losses, personal attacks by CEO Elon Musk , and alleged stock manipulation involving an aborted plan to take the company private. The Securities and Exchange Commission is also investigating the company .
    Now the electric carmaker faces another potential speed bump: two new investigations into Tesla factory safety.
    California's Division of Occupational Safety and Health has opened inquiry on Sept. 4 after a worker was pinned between two garbage bins at the company's Fremont, Calif. plant. Another inquiry was launched on Sept. 5 after a...
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  • Elon Musk defends Tesla's board of directors against critics who say it isn't doing enough to hold him accountable to shareholders

    Elon Musk defends Tesla's board of directors against critics who say it isn't doing enough to hold him accountable to shareholders

    2 monthes ago - By Business Insider

    Tesla CEO Elon Musk defended the company's board of directors on Friday via Twitter.
    "The Tesla board has done incredible work overseeing the largest value creation in the auto industry in 100+ years, despite many setbacks. Tesla owes its very existence to this board!" Musk said via Twitter in response to a Forbes article that questioned the board's performance.
    Questions have been raised about the board's independence and effectiveness, as many board members have longtime relationships with Musk and have invested in his other companies.
    Tesla CEO Elon Musk defended the company's board of...
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