Tesla cut a steering component to deal with chip shortage

01:29am, Tuesday, 08'th Feb 2022 Newslanes
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images Under pressure to hit [] Tesla cut a steering component to deal with chip shortage
Tesla omitted one of two electronic control units in the cars'' electrical power assisted steering systems. Tens of thousands of cars are affected, sources say.
Wall Street stocks declined on Monday amid intensified bets on Fed interest rate hikes after a strong US jobs report. Oil prices climbed. Bitcoin gained on Teslas investment filing. Asia-Pacific m

Tesla to build Supercharger at Worlds Largest Truckstop

11:05pm, Monday, 07'th Feb 2022 Drive Tesla Canada
If its a sign that times are a-changing, a new Supercharger is set to be built at the Worlds Largest Truckstop. Tesla has recently filed permits to build an 8-stall Supercharger at the Iowa 80 [] The post Tesla to build Supercharger at Worlds Largest Truckstop appeared first on Drive Tesla .
Elon Musk''s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December.
Tesla has started rolling out its 2022.4.5 software update as noticed by @Teslascope, which is expected to fix a seatbelt chimes issue as part of Read more The post Tesla 2022.4.5 Software Update Rolling Out to Fix Seatbelt Chimes Issue [Release Notes] appeared first on TeslaNorth.com .
In 2018, Tesla CEO Elon Musk settled an SEC lawsuit over his tweet about taking the electric vehicle company private.
Tesla said on Monday it received a subpoena from the U.S. securities regulator related to a settlement that required Chief Executive Elon Musk''s tweets on material information about the company to be vetted.

SEC subpoenas Tesla on Elon Musks settlement tweet

09:41pm, Monday, 07'th Feb 2022 BusinessLIVE
US Securities and Exchange Commission seeks information on compliance regarding a lawsuit over his tweet in 2018 on taking the company private

Tesla subpoenaed by SEC again days after Elon Musk tweet

09:39pm, Monday, 07'th Feb 2022 The Hill
The Securities and Exchange Commission (SEC) issued Tesla a subpoena in November, 10 days after CEO Elon Musk published a tweet asking his followers if he should sell billions of dollars in the companys stock.Tesla revealed in a financial filing on
The California Department of Fair Employment and Housing warned Tesla it has grounds to file a civil complaint, according to a Tesla financial filing.

Tesla warns of possible California suit over race harassment

09:20pm, Monday, 07'th Feb 2022 Redlands Daily Facts
The automaker said a California agency informed the electric automaker that it has grounds for a civil complaint, following an investigation into racial harassment.

SEC Subpoenas Tesla Over Elon Musk Tweet Yet Again

07:18pm, Monday, 07'th Feb 2022 Benzinga
Tesla Inc (NASDAQ: TSLA ) has once again come under regulatory scrutiny in relation to one of CEO Elon Musk''s tweets. A 10-K Filing with the U.S. Securities and Exchange Commission shows the company has been subpoenaed in regard to a 2018 tweet in which Musk talked about taking the company private, but the timing suggests the probe may have been spurred by a more recent tweet from the Tesla CEO. What Happened: Initially reported by Bloomberg , Tesla has received another subpoena from the SEC about the same recurring subject: Musk''s use of his personal Twitter account. The SEC issued the subpoena on Nov. 16, seeking information on Tesla''s "governance processes around compliance" with the agency in relation to a previously settled probe as Tesla highlights in the filing. "The SEC had issued subpoenas to Tesla in connection with Elon Musks prior statement that he was considering taking Tesla private," Tesla Full story available on Benzinga.com
The subpoena was issued on 16 November after Musk polled his Twitter followers on whether he should sell 10% of his shares
Cryptos Surge To 4 Week Highs After KPMG Canada Adds Bitcoin, Ether To Balance Sheet Two weeks after bitcoin, and the broader crypto sector, tumbled to the lowest levels since last July and down more than 50% from all time highs in November sparking the latest avalanche of " bitcoin is dead " headlines, today the largest crypto token has soared over $44,000 - up more than $10,000 or 25% from its Jan 24 lows - pulling the rest of the crypto sector with it ... following confirmation earlier in the day that Tesla still held on to its initial bitcoin purchase, which in a 10K filing earlier today it evaluated at nearly $2 billion as of Dec 31, and had not engaged in any new sales. But a far more powerful catalyst for today''s spike is the latest development in institutional adoption, when the Canadian arm of accounting giant KPMG International announced that it has joined a growing list of companies adding crypto to corporate treasury accounts. The Toronto-based company, which offers consulting, accounting, auditing and tax services, has added bitcoin and ether to its corporate treasury, as well as carbon offsets to maintain a net-zero carbon transaction to deliver on the firm''s stated environmental, social and governance (ESG) commitments the company said Monday .
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