The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
Category: Musk, Elon
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Tesla’s Self-Driving Technology Comes Under Justice Dept. Scrutiny
A regulatory filing says officials have asked about software that Elon Musk, the chief executive, has said would allow cars to operate autonomously.
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Why Stripe Is Raising Money at a Lower Valuation
Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
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Adani Loses Billions After Attack by a Short Seller, Hindenburg Research
The Adani Group, the Indian conglomerate run by Asia’s wealthiest man, has gone on the offensive to fight fraud allegations by an American investor.
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Elon Musk Meets With House Speaker Kevin McCarthy
Elon Musk, the billionaire owner of Twitter, met with House Speaker Kevin McCarthy, stoking speculation about what the two had discussed.
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Tesla Bulls Take Heart From Strong Profits
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
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Tesla’s Profit Jumped 12% in Fourth Quarter
The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.
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Tesla Will Build Heavy Trucks at a New Factory in Nevada
The $3.6 billion investment, which also includes a new battery factory, presents a challenge to traditional truck makers that have been slow to sell electric vehicles.
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Elon Musk Said Tesla Buyout Plan Didn’t Involve ‘a Specific Number’
Under questioning, Mr. Musk said he hadn’t discussed how much money investors would put in to help him take his car company private.
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Senators Will Prod Live Nation and Ticketmaster on Antitrust
The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing.