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In May 2022, Tesla was removed from the S&P 500 ESG Index by S&P Dow Jones Indices, and in response, Elon Musk posted a tweet to his Twitter account criticizing the decision and, in noting that ExxonMobil was rated within the top 10 constituent companies in the index by weight, accused ESG of being a scam. [145] [146]
X.com developed and operated a financial services website with banking services provided by First Western National Bank, an FDIC-insured bank in La Jara, Colorado. [1] The company was initially funded by Elon Musk and Greg Kouri, who went on to fund Musk's later ventures: Tesla and SpaceX.
Tesla attacked the lawsuit as a "disingenuous attempt to secure attorney's fees posing as a legitimate legal action". [103] On May 19, 2018, Tesla reached an agreement to settle the class-action lawsuit. Under the agreement, class members, who paid to get the Autopilot upgrade between 2016 and 2017, will receive between US$20 and $280 in ...
“Tesla dances away from liability in Autopilot crashes by pointing to a note buried deep in the owner’s manual that says Autopilot is only safe on freeways,” the ad states.
The parents of a Tesla driver, who was crushed to death in a horrifying accident, filed a lawsuit against the electric car manufacturer.They also blamed its CEO, Elon Musk, for trumpeting ...
Tesla's (TSLA) 2024 went out with a bang, thanks to CEO Elon Musk and one of his biggest gambles yet. While the stock gained over 70% year to date thanks to a post-Trump election surge, it wasn ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
In an SEC filing Monday, Tesla also disclosed a $170 million impairment charge on its crypto investments for the six-month period that ended June 30.