Tesla

Bitcoin tops $40,000 after Musk says Tesla could use it again

Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it.

Tesla's China vehicle deliveries bounce back in May

According to data from China's Passenger Car Association, Tesla sold 33,463 total vehicles in China in May. Approximately 21,936 vehicles were delivered in China, while 11,527 were exported to Europe. The delivery figures mark a 29% improvement from April, when the company sold about 26,000 electric vehicles made in China, down from roughly 36,000 in March.

Tesla failed to oversee Elon Musk's tweets, SEC argued in letters

Securities regulators told Tesla Inc. last year that Chief Executive Elon Musk's use of Twitter had twice violated a court-ordered policy requiring his tweets to be preapproved by company lawyers, according to records obtained by The Wall Street Journal.