Tesla counted down to the final hours of the quarter ending at midnight Sunday and tallied the number of EVs it could churn out and deliver to customers — a key metric to be scrutinized by investors and analysts.
Elon Musk told Tesla employees that the company was on the cusp of making money, hours after he and the carmaker reached a settlement with the U.S. that steps up oversight of the CEO’s communications of material information.
A run-in with the SEC may prove to be the recipe for reform that corporate governance experts have said Tesla’s board needed years ago.
Toyota’s North American purchasing chief says the company can work with proposed changes to NAFTA.
A GM spokesman said the company is “working on a plan” for the 110 or so employees in the New York location.