Latest News Updates From Michael Liedtke

Government, Business

Musk’s Tesla Tweets Didn’t Defraud Investors, Jury Says

SAN FRANCISCO — A jury on Feb. 3 decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla.

February 6, 2023
Government, Business, Technology

Musk Returns for Day 3 of Tesla Investors Trial

SAN FRANCISCO — Elon Musk returned to the stand for a third day on Jan. 24 in federal court in San Francisco to testify in a trial stemming from a class action lawsuit.

January 24, 2023
Government, Business

Jury Selection Begins for Musk’s Tesla Tweets Trial

A Silicon Valley judge began questioning potential jurors Jan. 17 to hear allegations that Elon Musk cheated Tesla investors by claiming in a 2018 tweet that he had lined up financing to take the electric automaker private.

January 17, 2023
Government, Business, Technology, Safety, Autonomous

California Regulators Approve State’s First Robotic Taxi Fleet

California regulators on June 2 gave a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco, a first in a state where dozens of companies have been trying to train vehicles to steer themselves on increasingly congested roads.

June 3, 2022
Government, Business, Technology, Safety, Fuel, Autonomous

GM’s Cruise to Deploy Driverless Cars in San Francisco

SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.

December 9, 2020
Business, Technology, Autonomous

GM’s Cruise Unveils New Robotaxi Concept

The service still being developed by GM’s Cruise subsidiary will rely on a boxy, electric-powered vehicle called “Origin” that was unveiled late Jan. 21 in San Francisco amid much fanfare.

January 22, 2020
Government, Business, Technology, Autonomous

Musk Takes Swipe at SEC After Fraud Settlement

SAN FRANCISCO — Elon Musk is taunting the government regulators who threatened to oust him as CEO of electric carmaker Tesla just days after he settled a case alleging he duped investors.

October 5, 2018