Tesla and Elon Musk face dozens of lawsuits and investigations far beyond the SEC court fight
https://www.cnbc.com/2019/03/19/tesla-and-elon-musk-lawsuits-overview.html
Tesla and CEO Elon Musk are facing dozens of lawsuits and investigations, according to public filings.
The costs of defense and settlements burden the car maker financially at a time when Tesla is already cutting headcount, closing stores and delaying loan repayments. No doubt Tesla would rather spend its money to improve its service, set up manufacturing lines to make the Model Y (its forthcoming compact SUV), or to build out its Shanghai Gigafactory.
Tesla and Elon Musk face dozens of lawsuits and investigations far beyond the SEC court fight
Mar 19, 2019, 7:54pm UTC
https://www.cnbc.com/2019/03/19/tesla-and-elon-musk-lawsuits-overview.html
> Tesla and CEO Elon Musk are facing dozens of lawsuits and investigations, according to public filings.
> The costs of defense and settlements burden the car maker financially at a time when Tesla is already cutting headcount, closing stores and delaying loan repayments. No doubt Tesla would rather spend its money to improve its service, set up manufacturing lines to make the Model Y (its forthcoming compact SUV), or to build out its Shanghai Gigafactory.