Elon Musk & SEC reach social media agreement
Twitter, Elon and the courts: Tesla CEO Elon Musk and the US SEC have reached an agreement in the bizarre legal battle surrounding his use of Twitter for company statements. The judge has now decided that Musk may no longer use his “personal” platform to publish information that could affect Tesla’s stock value, including production […]
SEC and Tesla asked to play nice
In the next round of the row between the SEC and Tesla CEO Elon Musk about his tweeting habits, the presiding judge Alison Nathan has asked the concerned parties to “put your reasonableness pants on” and find a solution in the next two weeks.
Elon Musk steps down as chairman of Tesla
A settlement was made in the pending Securities and Exchange Commission (SEC) case against Elon Musk regarding his privatisation tweet – Musk will have to step down from his position as chairman of Tesla for three years and he and Tesla will each pay a $20 million fine.
SCE proposes $760M electric car charging expansion
Southern California Edison is pushing for a mayor expansion of their running infrastructure pilot Charge Ready. A new proposal includes 48,000 additional charging points in a 760 million dollar programme but with the utility operating alone, approval is uncertain.