Foreign-made cars no longer qualify. Tesla and G.M. are eligible again. But officials are still working on the fine print.
Category: Tesla Motors Inc
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Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle
The New York Times – Business:The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.
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Elon Musk’s Distraction Is Just One of Tesla’s Problems
The New York Times – Business:The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with Twitter.
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Would Elon Musk Actually Step Down as Twitter’s C.E.O.?
The New York Times – Business:The Twitter owner has said he will resign as chief executive, but it’s far from certain whether he would actually step down as the boss.
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FTX Victims Face a Tough Road Getting Their Money Back
The New York Times – Business:The bankrupt crypto exchange owes billions to a long line of creditors. Getting their money back could prove difficult, given the unique nature of cryptocurrency assets.
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Tesla’s Direct Sales Model Helps It Thwart Customer Lawsuits
The New York Times – Business:Sales contracts prevent buyers of the company’s electric cars from pursuing class-action suits if something goes wrong.
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GM Unit’s Self-Driving Taxis Are Subject of US Safety Investigation
The New York Times – Business:The National Highway Traffic Safety Administration is looking into unexpected braking by cars operated by Cruise, a part of General Motors.
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Elon Musk Sells Another Big Chunk of Tesla Stock
The New York Times – Business:Twitter’s owner has now sold $23 billion worth of Tesla stock this year, much of it after he pledged in April to stop selling shares to finance his deal to acquire the social media company.