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The Latest Breaking News from Tesla Inc.

Elon Musk cites Saudi wealth fund at second day of Tesla trial

Elon Musk testified that Saudi Arabia’s sovereign wealth fund “unequivocally” wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about the take-private plan misled shareholders.

Tribune News Service

Musk says Tesla go-private plan counted on SpaceX, Saudi money

Elon Musk told a jury that his 2018 tweet announcing a proposal to take Tesla Inc. private included the possibility of using his holdings in SpaceX to help finance the transaction, along with a multibillion-dollar commitment by Saudi Arabia’s sovereign wealth fund.

Tribune News Service

Musk says saudis unequivocally wanted to take Tesla private

Tribune News Service

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‘Tesla terroriser’ suspect accused of road rage attacks on drivers on California highways is identified

TikTok sleuth TizzyEnt says followers provided name which he passed on to investigators

The Independent UK

SPY Jumps Above 200 Day Moving Average, Getting Bulls Excited

SPY has crossed above its 200 day moving average -- is a bull market ready to resume? We take a look at the fundamentals and price action behind AAPL and TSLA, two mega cap stocks that impact the S&P 500.

StockNews.com

Chevrolet Silverado EV Towing Test Results Shared By GM

Chevrolet recently tested the towing capacity of its upcoming Silverado EV fully electric pickup truck.

InsideEVs

Sandy Munro: Tesla's Price Cuts Will Annihilate EV Competitors

In one of the latest videos, Munro Live's Sandy Munro and Cory Steuben shared some interesting thoughts about the Tesla's most recent price cuts.

InsideEVs

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US: Tesla "Magic Dock" For Supercharging CCS1 Cars Coming Soon?

Supercharging of non-Tesla EVs in the United States might be closer than ever before, as some kind of preparations were indicated in recent media reports.

InsideEVs

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

InsideEVs

Twitter to launch ad-free subscription tier, Elon Musk says

Tesla boss hopes for rise in revenue after advertising downturn in wake of takeover

The Guardian - UK

Tesla Model Y Wait Times Increasing In Europe Following Price Cut

Tesla Model Y lead times have increased in Germany amid a surge in demand following Tesla's recent price cuts.

InsideEVs

Is Elon Musk’s Twitter in too much trouble to cover its debts?

Social media platform faces $300m interest payment this week, and default could trigger debt restructuring – or bankruptcy

The Guardian - UK

Tesla Model Y At 50,000 Miles: Here's What You Should Expect

If you're trying to decide whether to pull the trigger on a new Tesla Model Y at the significantly reduced price, the 50,000-mile ownership review should help.

InsideEVs

Lucid Air Reservation Holders Can Get $7,500 Off If They Choose To Lease

This is surely a response to Tesla’s recent price cut, but strangely it only applies to Airs leased through Lucid Financing Services.

InsideEVs

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Axios

In the Elon Musk trial, fraud isn't just about false statements

A jury is being asked to decide Musk's state of mind when he tweeted "funding secured."

Daily Mirror

Driverless 'ghost train' set on fire then ‘run away' from police with nobody on board

Videos show the train caught in a huge burst of flames near the village of Strass, around 80 miles from Munich, before it fled on its own accord.

Fortune

Your boss might be hoping you quit because it’s easier and cheaper than firing you

Federal Reserve officials explained in January’s "Beige Book" that many companies are planning to "reduce headcount through attrition," instead of opting for layoffs to save costs.

Asharq Al-Awsat

Elon Musk Takes Stand in Tesla Tweet Fraud Trial

Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in tweets about taking the auto company private, punishing investors. Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018 with untrue…

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WEKU

Elon Musk takes the witness stand to defend his Tesla buyout tweets

Two tweets in 2018 led to a class-action lawsuit alleging Musk misled investors, pulling him into court for about a half hour to deliver sworn testimony in front of a nine-person jury.

Los Angeles Times

Elon Musk's defense of his erratic tweets: They're truthful, just not 'comprehensive'

When Elon Musk posts on Twitter about Tesla, he must follow the same federal regulations that apply to corporate disclosure, the mega-billionaire acknowledged in court testimony on Friday.

Tribune News Service

Elon Musk plays down impact of his tweets at Tesla fraud trial

Tesla Inc. CEO Elon Musk played down how much impact his tweets have on the company’s stock price as he defended himself at a trial over his 2018 tweet about taking the electric car-maker private.

The Independent UK

Elon Musk takes witness stand to defend Tesla buyout tweets

Elon Musk has been summoned to court to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening

The Guardian - US

Musk tells Tesla trial: ‘Just because I tweet doesn’t mean people believe it’

The carmaker co-founder said Twitter was the most democratic way to communicate but tweets didn’t affect stock as he expected

InsideEVs

Tesla's Innovative And Efficient Heat Pump Explained In New Video

Tesla's heat pump features innovations such as the "super manifold" and the "octovalve," which help increase the heat pump system's efficiency and integration.

InsideEVs

Tesla Semi With Frito Lay Livery Spotted Broken Down On Roadside

There was a Tesla service van parked nearby, strongly suggesting the Semi had encountered a malfunction, but it couldn't be fixed on the spot so a tow truck was called.

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