Mr. Musk violated a settlement when he published information about production goals without seeking approval from his company’s lawyers, the Securities and Exchange Commission wrote to a judge.
Mr. Musk violated a settlement when he published information about production goals without seeking approval from his company’s lawyers, the Securities and Exchange Commission wrote to a judge.
Dane Butswinkas, a Washington trial lawyer, represented Elon Musk, the chief executive, when he was sued by the Securities and Exchange Commission.
The departure, one of dozens by senior executives in recent years, is the latest turbulence in the months since federal regulators sued the carmaker.
The departure, one of dozens by senior executives in recent years, is the latest turbulence in the months since federal regulators sued the carmaker.
The deal is the latest example of how the auto industry is being reshaped by new technologies and nimble companies that have raced ahead of many traditional carmakers.
The electric-car maker reported a jump in sales and revenue and said it would have enough cash to pay off bonds coming due in March.
The electric-car maker needs to cut costs, ramp up production, improve service and increase demand. But can its chief executive deliver?
The automakers will team up on pickup trucks and vans for various markets, and ultimately share costs in areas like autonomous and electric vehicles.
The automakers will develop and build pickup trucks and vans for various markets while pursuing wider cooperation on advanced technologies.
In California, state subsidies for hydrogen filling stations are encouraging clean-energy advocates to try fuel-cell vehicles.
Automakers are rolling out models meant to widen the appeal of electric cars. But making it easier and faster to charge them is a crucial challenge.
The automaker said production of the Model 3 sedan increased 15 percent over the previous quarter, but the price cut could signal softening demand.
The appointment of two independent directors was required by a settlement the company reached with the Securities and Exchange Commission in September.
Demand for the company’s electric cars could weaken in January, when a $7,500 federal tax credit is cut in half for buyers of Tesla’s luxury models.
Demand for the company’s electric cars could weaken in January, when a $7,500 federal tax credit is cut in half for buyers of Tesla’s luxury models.
The White House signaled that the automaker could suffer for idling plants and reducing its factory work force.
The White House signaled that the automaker could suffer for planning thousands of layoffs, but the company says the course is essential to its future.
So close to getting their cars, some customers have encountered delays, mix-ups or quality problems as Elon Musk’s operation tries to work out kinks.
Robyn Denholm, an Australian executive, was named days before a regulatory deadline for the electric-car maker to replace its chairman.
