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The judge said shareholders in the proposed class action could try to prove that Elon Musk intended to defraud them by waiting 11 days past a U.S. SEC deadline to reveal he had bought 5% of Twitter’s shares ....
Vaibhav Taneja, Tesla s current Chief Accounting Officer, will assume the dual role of Chief Accounting Officer and Chief Financial Officer. The change comes following the departure of Zachary Kirkhorn, who served as finance chief for four years. Taneja joined Tesla in 2017 following the acquisition of SolarCity, where he played a significant role in integrating the accounting teams of both companies. Taneja s background includes 17 years at PwC, and his appointment to the dual roles comes as Tesla reported a 20% surge in Q2 profits but a decline in year-on-year profit margins. ....