tesla Tesla HR Warns Returning Workers Could Lose Unemployment Pay Tesla's HR chief informs California employees that skipping recalled work shifts may jeopardize their unemployment benefits, though the company promises no internal penalties. This warning follows Elon Musk's decision to reopen the Fremont factory in defiance of local health orders.
tesla Tesla Defies Local Health Orders to Resume Fremont Factory Production Tesla reopens its California car plant against Alameda County mandates, implementing masks and temperature checks as local officials demand a shutdown. Workers report ongoing production of all models despite social distancing challenges on the floor.
tesla Tesla Promotes Paint Director to Lead Fremont Factory Amid Reopening Clash Tesla names Richard Miller as the new head of production at its Fremont factory just as Elon Musk defiantly reopens the facility in violation of local health orders. The leadership shakeup occurs while the company faces a lawsuit and ongoing conflict with Alameda County officials.
tesla Elon Musk Defies Local Orders to Restart Tesla Factory Tesla CEO Elon Musk openly defies Alameda County health orders by restarting production at the company's Fremont factory. The bold move puts local officials in a difficult position as they navigate pandemic restrictions.
tesla Tesla Defies Alameda County to Resume Factory Production Elon Musk restarts Tesla's California manufacturing plant against local health orders, risking further clashes with Alameda County officials.
tesla Tesla Sues California County Over Pandemic Restrictions, Vows to Move HQ Elon Musk announces Tesla is suing Alameda County and plans to move its headquarters to Texas or Nevada immediately due to local coronavirus restrictions.
tesla Tesla Sues Alameda County Over Factory Reopening Restrictions Tesla takes legal action against Alameda County to overturn local health orders that block its Fremont factory from resuming operations. CEO Elon Musk threatens to move the company's headquarters out of California if the shutdown continues.
tesla Tesla Shares Drop After Musk Declares Stock Price Too High Tesla CEO Elon Musk causes a sudden drop in the company's stock price by tweeting that it is "too high," raising questions about a prior agreement with the SEC.
tesla Elon Musk Declares Tesla Stock Price Too High Amid Market Surge Tesla CEO Elon Musk tweets that his company's stock price is too high, causing an immediate drop in share value. The unusual public admission puzzles investors as Tesla's valuation continues to climb.
tesla Tesla Appoints Notable Short-Selling Critic to Board of Directors Tesla welcomes Hiromichi Mizuno, the former chief investment officer of Japan's massive pension fund, to its board of directors. Mizuno brings a strong history of opposing short selling and promoting long-term corporate value.
spacex SpaceX Bans Zoom Citing Privacy and Security Risks SpaceX prohibits employees from using Zoom due to significant privacy and security concerns, following similar warnings from U.S. law enforcement and NASA.
tesla Tesla Reopens New York Factory to Produce Critical Ventilators Elon Musk announces that Tesla's Buffalo gigafactory will reopen to manufacture ventilators amid the COVID-19 pandemic. The automaker joins GM and Ford in pledging resources to address the severe shortage of life-saving medical equipment.
tesla Tesla Reopens New York Factory to Produce Critical Ventilators Tesla plans to quickly reopen Gigafactory New York to manufacture ventilators amid the COVID-19 crisis. The automaker is also partnering with Medtronic to build the medical devices at its Fremont facility.
tesla Tesla Raises $2 Billion in Surprise Stock Offering Tesla prices a $2 billion secondary stock offering at $767 per share, reversing its earlier stance against raising capital. The automaker plans to use the funds to strengthen its balance sheet amid rising capital expenditure forecasts.
tesla Tesla Experiences Record Volatility Amid Massive Short Squeeze and Virus Fears Tesla stock swings wildly as a massive short squeeze drives shares to nearly $970 before coronavirus fears trigger a sharp reversal. Unprecedented trading volume highlights the extreme investor frenzy surrounding the electric vehicle maker.