Electric car maker Tesla is still having serious production problems and is booking record losses. Last quarter, it was down 619 million US dollars. Now Elon Musk's company has pushed back its delivery date for its new Model 3 sedan.
Tesla boss Elon Musk will now have to have some of his tweets approved by a company expert. The US Securities and Exchange Commission took him to court over a tweet it said violated an agreement on misleading claims.
The chief executive officer of US carmaker Tesla has said on Twitter he is considering taking the company private. Investors reacted positively to the announcement, with shares up considerably within minutes.
A fire broke out during a test of rocket thrusters at Cape Canaveral at the weekend. The uncrewed capsule flew to the ISS last month, but the accident could cause a delay for the first crewed launch.
CEO Elon Musk said that the electric car maker plans to cut roughly 3,000 jobs, prompting another sharp dip in share prices. Tesla is struggling in the US as the government rolls back a tax credit for buyers.
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