Volvo’s Polestar 2 is a dual motor, 275-mile, 78 kWh Tesla Model 3 competitor

By Simon Alvarez Posted on February 27, 2019 The Polestar 2, a highly anticipated all-electric vehicle from Volvo’s high-performance brand, was officially unveiled on Wednesday. The vehicle is the first all-electric car from the company, and is expected to compete on the same segment as Tesla’s best-selling Model 3. The specs of the Polestar 2 …

Elon Musk gets March 11 deadline from judge, ex-SEC chair calls for Tesla CEO’s punishment

By Simon Alvarez Posted on February 26, 2019 Tesla CEO Elon Musk has been ordered to explain why he should not be held in contempt for allegedly violating his settlement agreement with the Securities and Exchange Commission (SEC) by March 11. The deadline was issued by U.S. District Judge Alison Nathan in Manhattan, just one …

Tesla CEO Elon Musk faces contempt claim from SEC over recent tweets

By Christian Prenzler Posted on February 25, 2019 Tesla (Nasdaq: TSLA) shares fell by 5% in after-hours trading on Monday after the Securities Exchange Commission asked a judge to hold CEO Elon Musk in contempt for breaking a settlement deal, first reported by Bloomberg. The SEC is claiming that Musk violated the settlement when he …