A federal judge in San Francisco dismissed for the second time a securities frau...
FILE PHOTO: A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee/File Photo
U.S. District Judge Charles Breyer sided with Tesla, granting the electric vehicle company dismissal of the lawsuit brought in October 2017. Breyer dismissed the original lawsuit in August but allowed plaintiffs to file an amended one. It said shareholders bought “artificially inflated” shares because Musk and other executives misled them with bullish statements about the production ramp of the Model 3, failing to disclose that the company was “woefully unprepared” for the vehicle’s production.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Elon Musk touted a lenient return policy for Tesla, but customers should read the fine printAt Tesla, questions in sales after CEO Elon Musk touts lenient return policy in a tweet.
और पढो »
Tesla raising prices on inventory cars by about 3%, Elon Musk saysPrices on Tesla vehicles have bounced up and down in recent months, irritating some prospective customers.
और पढो »
Cramer: The court can rein in Tesla CEO Elon Musk with one of these three movesJim Cramer explains why a federal judge must remove Musk as CEO, install a watch on the board, or charge the Tesla co-founder for violating a court-approved order.
और पढो »
Elon Musk reportedly calls on all Tesla workers to help with end-of-quarter delivery crushElon Musk says delivering new cars to customers should be every Tesla worker’s “primary priority” through the end of March, according to a new report.
और पढो »
Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judgeChief Executive Elon Musk has never sought pre-approval for a single tweet about...
और पढो »
SEC Slams Elon Musk For Failing To Have ‘A Single’ Tesla Tweet CheckedThe stock market regulator doubles down on a request that a federal judge in the case find the colorful billionaire in contempt of an October 2018 settlement.
और पढो »
Tesla and Elon Musk face dozens of lawsuits and investigations far beyond the SEC court fightTesla and its CEO face dozens of investigations and lawsuits from government agencies, former employees, shareholders and more.
और पढो »
Ford teases electric Mustang 'Pony Car' on Twitter as Musk unveiled Tesla Model YPresident of the Americas Joe Hinrichs told CNBC the company is moving quickly toward producing what it previously described as a 'Mustang-inspired' all-electric SUV that will be in showrooms next year.
और पढो »