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.
