The company has been hit with several discrimination lawsuits but this from a government agency may have wider implications For Black employees at Tesla’s flagship California plant, coming into work could mean being harassed, bullied by a supervisor or finding racist graffiti sprayed on factory walls. That’s according to a new lawsuit filed by California’s Department of Fair Employment and Housing (DFEH), which alleges that Black workers in the company’s Fremont factory experienced “rampant racism” that the company left “unchecked for years”. Continue reading…
Musk''s battles with regulators tend to be public and messy, occasionally including vulgar taunts. The CEO has expressed his displeasure with the SEC on Twitter.

SEC rebuts Elon Musk’s claim that agency is targeting him

05:22am, Saturday, 19'th Feb 2022 Al Arabiya (English)
The US Securities and Exchange Commission denied it’s targeting Tesla Inc. Chief Executive Officer Elon Musk with endless probes, as he claimed in a letter to a judge earlier this week.The SEC reached

Tesla recalling over 26,000 cars in China

05:18am, Saturday, 19'th Feb 2022 Report AZ
Electric car maker Tesla has launched a recall of 26,047 vehicles in China due to safety risks

Ford Wants to Beat Tesla at Its Own Game

05:18am, Saturday, 19'th Feb 2022 The Street
The legacy automaker has copied from its great rival a method which makes it possible to have updated cars regularly and to reduce costs.
Ford Motor is looking at ways to separate its electric-vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla and other pure-play EV makers.Chief Executive Officer Jim Farley wants to wall off Ford’s electric operations from its internal combustion engine (ICE) business and has even considered spinning off one or the other, people familiar with the effort said. A spin-off could generate the kind of earnings multiples that have given…

Not targeting Tesla CEO Elon Musk with endless probes, says US SEC

03:48am, Saturday, 19'th Feb 2022 Business Standard
This month, Tesla disclosed in a regulatory filing that on Nov 16 the agency sought information about the company''s governance processes and compliance with the settlements
In November, according to a regulatory filling, the Tesla CEO donated to charity about 5 million shares of company stock, worth $5.7 billion

US securities agency denies claims it''s harassing Elon Musk

03:35am, Saturday, 19'th Feb 2022 ABC News
U.S. securities regulators responded to allegations that they are harassing Tesla CEO Elon Musk, writing in a letter that theyre following a judges instructions in trying to speak with Musk''s lawyers about his posts on Twitter

SEC Counters Elon Musk''s Accusation of Harassment

03:16am, Saturday, 19'th Feb 2022 The Wall Street Journal
The regulator filed a letter with the court saying its engagement with Tesla and its CEO is in line with a 2018 settlement.
Tonga says space entrepreneur and Tesla founder Elon Musk has donated 50 satellite terminals to help the volcano-damaged Pacific island reconnect with the world.
The U.S. Securities and Exchange Commission denied it’s targeting Tesla Inc. Chief Executive Officer Elon Musk with endless probes, as he claimed in a letter to a judge earlier this week.

Elon Musk’s Accusation of Harassment Countered by SEC

01:06am, Saturday, 19'th Feb 2022 The Wall Street Journal
The regulator filed a letter with the court saying its engagement with Tesla and its CEO is in line with a 2018 settlement.
Right-wing podcaster Ben Shapiro on Friday defended Tesla and SpaceX founder Elon Musks''s Wednesday tweet comparing Canadian Prime Minister Justin Trudeau to Adolf Hitler. Trudeau earlier this week invoked his emergency powers as a means of quelling the disruptions caused by the "Freedom Convoy" brigade of truckers – some of whom have flown Confederate and swastika flags – that have blocked key commerce hubs between the United States and Canada over opposition to COVID-19 vaccine mandates. Since its inception in late January, however, the rolling protest has morphed into a far-right conspiracy movement that has begun to trickle down into American conservative circles. Musk deleted the Twitter post amid ferocious public outcry and accusations of antisemitism. But Shapiro, who is Jewish, believes that Musk''s analogy was appropriate. He said on The Ben Shapiro Show : This is frightening stuff. All of this should frighten you. So, but here''s the thing: what was the left all hot and bothered about yesterday?
Tesla has announced that it has produced 1 million of its next-generation 4680 battery cell at its pilot factory in California. The announcemen The post Tesla announces it has produced 1 million next-gen 4680 battery cells appeared first on Top Tech News .
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