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Tag: Elon Musk

US firm heads for Q1 loss

Musk launches cheaper Tesla but plans to close stores

Tesla store in Edinburgh
Tesla has a store in Multrees Walk, Edinburgh (pic: Terry Murden)   Tesla is launching a long-awaited cheaper model but expects to make a further loss and will be closingRead More

Fund's support for Musk

Baillie Gifford ‘prepared to raise investment’ in Tesla

Tesla
Scottish fund manager Baillie Gifford would be willing to invest more in electric car company Tesla, believing its founder has a vision worth backing. Baillie Gifford is the second largestRead More

Tycoon to pay fine

Musk steps down at Tesla as deal reached over tweets

Tesla
Elon Musk is to step down as chairman of the electric car company he created after reaching a settlement with the US regulator over tweets he posted about taking theRead More

Shares fall over tycoon law suit

Musk facing securities fraud over Tesla tweets

Tesla
Tesla has a branch in Edinburgh   Shares in car manufacturer Tesla slumped in early US trade after the regulator issued a law suit against founder Elon Musk for allegedRead More