Report: FBI conducting criminal investigation into Tesla

Business 10/27/18, 02:14

A published report Friday said the FBI is conducting a criminal investigation into whether electric-car maker Tesla misled investors by overstating production forecasts for its Model 3 sedan. The Wall Street Journal reported that FBI agents have contacted former Tesla employees to interview them. The paper cited anonymous people familiar with ...

Wall Street skeptical of Tesla’s promise to post net profit

Business 10/24/18, 00:36

Tesla is showing some promising signs that it will make money as advertised in the third quarter, but Wall Street isn't buying it.The electric car and solar panel maker delivered more than 80,000 vehicles from July through September, and CEO Elon Musk told employees late in the quarter that it ...

New Tesla chair must rein in CEO Musk at key moment

Business 09/30/18, 22:03

It won't be an easy job.Whoever becomes the new chairman of Tesla Motors will face the formidable task of reining in Elon Musk, the charismatic, visionary chief executive with an impulsive streak, while also helping Musk achieve his dream of turning Tesla into a profitable, mass-market producer of environmental-friendly electric ...

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