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 Model 3 loses Consumer Reports’ ‘Recommended’ rating over ‘reliability’ issues

By Simon Alvarez Posted on February 21, 2019 Tesla shares (NASDAQ:TSLA) are down after Consumer Reports pulled its “Recommended” rating for the Model 3. The recommendation, which was given to the Model 3 last year following an over-the-air update that improved the car’s brakes, was reportedly pulled over reliability issues raised by numerous owners of …

Tesla shares rise with optimistic $35K Model 3 outlook, $450 price target, and ‘Buy’ rating from Canaccord

By Simon Alvarez Posted on February 11, 2019 Tesla stock (NASDAQ:TSLA) received a notable vote of confidence this Monday, with investment firm Canaccord Genuity predicting a massive rally this year amidst the electric car maker’s efforts to close in on the production of the $35,000 Model 3. In its recent note, Canaccord upgraded TSLA from …