Financing, Stock Offerings
Imaginary VW deadline prompts flood of investor lawsuits in GermanyWed, 14, Sep 2016
Volkswagen Group investors are rushing to file more lawsuits in Germany to meet a deadline that lawyers say may be imaginary. Shareholders who want to sue are concerned that Sept. 19, the first business day after the one-year anniversary of VW's admission of cheating, may be the deadline to file.
Musk targets naysayers, urges Tesla workers to cut costsFri, 02, Sep 2016
Elon Musk sent an e-mail to Tesla employees urging them to cut costs and deliver "every car we possibly can" in a push to show positive cash flow in the third quarter. The CEO of the EV maker said it would be the company's last opportunity to show improved financial numbers before Tesla tries to raise more money.
Tesla plans to raise additional cash this yearWed, 31, Aug 2016
Tesla plans to raise additional cash this year to help fund development and production of its new Model 3 sedan and build out a giant battery factory, the company said today.