Tesla expects to have full self-driving cars in which humans will not have to touch the steering wheel by around the second quarter of next year.
The US Securities and Exchange Commission said it’s “stunning” that Elon Musk didn’t seek pre-approval of any of his tweets about Tesla in the months since he was ordered by a judge to do so.
Tesla CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales.
Elon Musk’s Twitter habit is putting him in increasing legal jeopardy, with the Tesla CEO facing millions of dollars in additional fines, tighter restrictions on his use of social media and even a possible bar on running the company, experts say.
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla, raising fresh concerns about the billionaire CEO’s ability to keep his impulses in check and responsibly run a public company.