Shares of the company were down 2.1 percent after gaining as much as 2.2 percent earlier in the day.
A United States judge has approved the settlement between the Securities and Exchange Commission (SEC), Tesla and its chief executive Elon Musk following his misleading tweets about taking the company private.
A United States judge has approved the settlement between the Securities and Exchange Commission, Tesla and its Chief Executive Officer Elon Musk.
The government lawsuit threatened Tesla and Musk with a long fight that could have undermined its operations and ability to raise capital.
Musk tweeted a photo of the liquor, complete with Tesla branding and logo. Tesla shares are down 14% year to date and down 22% in the past year. The agency moved with unusual speed, questioning Musk, Tesla's board and other executives.
After tweeting out some securities fraud a few weeks back, Elon Musk has crossed the T's and dotted the R's [Elon doesn't play by your grammar rules, plebe] on his laughably lenient settlement with the SEC.
The Model 3 is part of Musk's broader plan to build a clean energy and transportation company that offers electric semi-trailer trucks, rooftop solar energy systems and large-scale battery storage systems.
"Am considering taking Tesla private at $420".
Musk is Tesla's biggest shareholder by far. The electric sedan starts at $35,000 for the standard version.
Musk released pictures of the Model 3 after 1 million miles of testing and has impressed even critics.
A longer-range version of the auto is priced at $44,000 and will drive 500km (310 miles) on a single charge. Why not Muskquila? At least it sounds like a type of alcohol and not like what we sound like when we're drunk and attempting to say Tesla-coil.