Stocks

Business Highlights

___ Tesla faces a reckoning with CEO Elon Musk's job in jeopardy SAN FRANCISCO (AP) — The thought of a Tesla car company without Elon Musk is sending shivers down the spine of Wall Street.

Another hairpin turn for Tesla as stock dives on SEC charge

Tesla investors have taken a wild ride as Wall Street values the promise of one of the world's leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet.

Italian stocks plunge on populist government's plans

Italy's stock market has plunged after the new populist government announced a sharp public spending increase that will push the budget deficit to 2.4 percent of gross domestic product next year.

Business Highlights

___ SEC files complaint against Tesla's Elon Musk DETROIT — U.S. securities regulators have filed a complaint against Tesla CEO Elon Musk alleging that he made false and misleading statements about plans to take the company private in August.