Sources: Reuters
Tesla recalls two million cars in the United States due to insufficient safety controls within the vehicles' AutoPilot system. This applies "to almost every Tesla sold in the US since the Autopilot feature was launched in 2015." Tesla will fix the issue with an automatic software update. 2023-12-13
The National Highway Traffic Safety Administration opens an investigation into a fatal vehicle crash in Virginia, U.S., involving a Model Y vehicle from Tesla. 2023-08-10
A German court orders Tesla, Inc. to temporarily halt construction of new manufacturing plant Giga Berlin in Grünheide, Brandenburg, due to the threat it poses to the local wildlife and water supplies. 2020-02-16
Under the terms of a settlement with the U.S. Securities and Exchange Commission, Elon Musk and Tesla, Inc. agree to pay $20 million each to financial regulators, and Musk is expected to resign as chairman, but will remain as chief executive. 2018-09-29
A US federal judge orders PricewaterhouseCoopers to pay US$625.3 million compensation to Federal Deposit Insurance Corp. The judge rules PwC negligently caused losses to F.D.I.C. by failing to uncover fraud during audits of Colonial BancGroup. Colonial, one the nation's 25 largest banks, and Taylor, Bean & Whitaker, the 12th-largest mortgage broker in the US, both collapsed in August 2009 as a result of fraud between the two. F.D.I.C. was the receiver for Colonial. 2018-07-2
Harley-Davidson, a US motorcycle manufacturer, states that it intends to shift export production for the EU overseas. The company reports that the decision is related to rocky trade relations between the European Union and the United States. 2018-06-25
Fox buys seven TV stations from Sinclair Broadcast Group for US$910 million. 2018-05-9
US retailer Walmart acquires a 77% controlling stake in Flipkart, India's largest online shop, for US$16 billion. 2018-05-9
U.S.-based automobile manufacturer Tesla confirms that one of their Model X cars was placed into Autopilot mode moments before a fatal crash in California, United States. Tesla's Autopilot system is not intended to operate independently and as such the driver is meant to have their hands on the wheel at all times. The recorder of the system logged that the driver did not have their hands on the wheel at the time of the crash. 2018-03-31
Southeastern Grocers announces a plan to file for bankruptcy and close 94 of its locations. 2018-03-15