Tag: Tesla

  • Why Silicon Valley needs more visas

    Henrique Dubugras Photo courtesy of Flickr/jvoves While it might sound counterintuitive, immigrants create more jobs and make our economy stronger. Research from the National Foundation of American Policy (NFAP) has shown that immigrant-founded billion-dollar companies doubled their number of employees over the past two years. According to the research, “WeWork went from 1,200 to 6,000 […]

  • Tesla names Oracles Larry Ellison, Walgreens executive to board as part of SEC settlement

    Tesla has added two independent directors to its board — Oracle founder, chairman and CTO Larry Ellison and Walgreens executive Kathleen Wilson-Thompson — as part of a settlement with U.S. securities regulators over CEO Elon Musk’s infamous tweets about taking the company private. The pair joined the board as of December 27, Tesla said in an […]

  • In venture capital, its still the age of the unicorn

    Howie Xu At the time, the piece defined a new breed of startup — the $1 billion privately held company. When Lee did her first count, there were 39 “unicorns”; an improbable, but not impossible number.. Today, the once-scarce unicorn has become a global herd with 376 companies on the roster and counting. But the […]

  • Elon Musk is trolling the SEC on Twitter

    Tesla CEO Elon Musk trolled the U.S. Securities and Exchange Commission in a tweet Thursday afternoon, poking the bear that just days before had agreed to settle securities fraud charges against the billionaire entrepreneur. The tweet, sent out at 1:16 pm PT Thursday, says: “Just want to that the Shortseller Enrichment Commission is doing incredible […]

  • Elon Musk agrees to resign as Tesla chairman in settlement with SEC

    Tesla CEO Elon Musk will step down as chairman of the electric automaker and pay a $20 million fine under a settlement reached with the U.S Securities and Exchange commission. Musk will remain CEO and he will still keep a seat on the board, just not as chairman. The agreement settles what could have turned into […]

  • Elon Musk opens up about the toll Tesla takes on him

    Elon Musk's tweeting frequently gets him in trouble.Image: joshua lott/Getty Images Elon Musk has finally come to his senses. The Tesla CEO and erratic tweeter has shared a new blog post explaining his decision to keep the electric car company public instead of taking it private as he had previously suggested on Twitter. SEE ALSO: […]