October 24, 2018
Tesla Inc. and its CEO Elon Musk told a California federal court Tuesday that bids to consolidate nine proposed class actions over Musk's going-private tweets were brought on behalf of groups of unrelated people and seek to represent both buyers and sellers of Tesla shares in a way that "makes no sense."
October 10, 2018
Twelve law firms submitted bids in California federal court on Tuesday asking that nine securities class actions — filed against Tesla Inc. and CEO Elon Musk over his tweets about taking the company private — be consolidated and to be appointed as lead counsel.
August 10, 2018
An investor hit Tesla Inc. and its founder Elon Musk with a proposed securities fraud class action in California federal court, claiming they tried to pump up stock prices by proclaiming plans to take the company private — without having the more than $71 billion privatizing would require.