The Securities and Exchange Commission (SEC) today announced that it is seeking a court order directing Elon Musk to comply with an investigative subpoena calling for his appearance for testimony, which Musk failed to comply with.
The filing in US Court for the Northern District of California concerns an ongoing investigation by the SEC regarding, among other things, potential violations of various provisions of the federal securities laws in connection with Musk’s 2022 purchases of Twitter stock, and Musk’s 2022 statements and SEC filings relating to Twitter. According to the filing, the SEC seeks Musk’s testimony to obtain information not already in the SEC’s possession that is relevant to its legitimate and lawful investigation. Continue reading








Hands-Free Driving Ford Mustangs Now in Spain
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Ford Motor (NYSE:F) said today that it has approval to offer hands-free driving, so-called BlueCruise, in Spain.* This is now the third European country to authorize the usage of BlueCruise in addition to Great Britain and Germany. It is also available in the US and Canada. (AutoInformed: Ford Motor Establishes Latitude AI for Autonomous Driving)
“Over the summer, our BlueCruise team conducted thousands of demos with dealers, employees, and customers and the excitement and reaction never gets old! There is a magical moment the first time someone engages BlueCruise and takes their hands off the wheel,” said Ashley Lambrix, General Manager, Ford BlueCruise. Continue reading →