Tesla News
Tesla Factory Struck by ‘Serious’ Cyber Attack
Elon Musk said on Thursday that Tesla Inc's factory in Nevada was a target of a "serious" cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal ...
Tesla CEO Musk Seeks Actuaries to Help Build New Insurer
Tesla, which has been testing an insurance product for its drivers in California, is preparing to build an insurer, one CEO Elon Musk says will be "revolutionary." And he's inviting actuaries to join ...
Musk Paid Nearly $1M by Tesla for His Controversial D&O Insurance Arrangement
Tesla Inc. is making a one-time payment of almost $1 million to Chief Executive Officer Elon Musk related to a controversial insurance arrangement he agreed to with the carmaker's board earlier this ...
Tesla Suit Alleges Model 3’s Airbags Malfunctioned in Highway Crash
Tesla Inc. was sued over a Maryland highway crash last year in which a Model 3's airbags failed to deploy, leaving a college professor with brain damage. Elon Musk, the company's co-founder, has ...
Companies on the Hunt for Creative Workarounds Addressing Rising D&O Costs
When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.'s board from shareholder lawsuits, it got Skip McBride's attention. To McBride, who used to manage law firm ...
Tesla Sues for Right to Reopen California Factory; Musk Threatens to Relocate
Tesla Inc sued local authorities in California on Saturday as the electric carmaker pushed to reopen its factory there and Chief Executive Elon Musk threatened to move Tesla's headquarters and future ...
Tesla Founder Musk Cancels Company’s D&O Cover, Pledging to Replace With ‘Personal Coverage’
Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company's directors and officers insurance (D&O), replacing it with a promise to ...
The Latest Launches From Swiss Re and Trov
Swiss Re formed a strategic alliance with Microsoft Corp. that will give it access to some digital tools. Trov said its technology will be used to help manage risk data for a car-share fleet of Tesla ...