Tesla’s Musk may settle SEC lawsuit but ready for fight: sources

Tesla Inc's <TSLA.O> Elon Musk could settle with U.S. regulators who have sued to remove him from the electric carmaker's leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said on Friday as shares plunged about 14 percent. Musk, Tesla's chairman and chief executive,

Tesla Inc formally launched the Model 3 in July 2017

A federal judge in San Francisco dismissed a securities fraud lawsuit in which Tesla Inc shareholders accused the electric car company and Chief Executive Elon Musk of misleading them about the progress of production of its Model 3 vehicle. In a decision made public on Monday, U.S. District Judge Charles Breyer

Tesla Inc said the company remain public after board meets with Musk

The board of Tesla Inc said on Friday the company would remain public, following a tumultuous two weeks for the carmaker after its chief executive announced he was considering a deal to go private. Six members of Tesla's board of directors said in a brief statement issued on Friday that the

Tesla Inc and Chief Executive Elon Musk were sued twice due to fraud over tweets

Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk's proposal to take the electric car company private. The lawsuits were filed three days after Musk stunned investors by announcing on Twitter that he