Elon Musk Tesla

A Tesla investor has accused CEO Elon Musk and the board of directors of damaging shareholders by ignoring a “toxic workplace culture” that has taken hold ...

He wants to represent a class of people who have lost money investing in dogecoin. As The Post reported at the time, the California’s DFEH complaint includes allegations that that Tesla employees, including managers, used racial slurs including the N-word, “monkey toes,” “porch monkey” and “hood rat.” Chau claims that Tesla’s failure to address the problem has caused the company to lose “high quality employees” and opened up the firm to various penalties and fines.

A Dogecoin investor filed a federal lawsuit against Musk and the companies he chairs alleging that the billionaire engaged in a "Dogecoin Pyramid Scheme" ...

According to Ross Nicoll, one of the developers that worked with Musk, the Tesla CEO offered to fund their work and continued to provide advice after they declined his offer. After that initial April 2019 tweet, Musk continued tweeting about Dogecoin, which coincided with spikes in both searches of the meme coin and its increase in value. In 2019, he began advising a team of part-time Dogecoin developers to improve the efficiency of its blockchain. At its peak in May 2021, Dogecoin was worth $0.73 USD. This high mark coincided with Musk’s appearance on Saturday Night Live, and the coin tumbled almost immediately after. He is seeking $86 billion (equitable to the overall loss in value since Dogecoin’s peak in May 2021) and wants the value tripled. As of Thursday, Dogecoin’s current value sits at $0.056 USD.

A disgruntled investor is suing Elon Musk and his companies Tesla and SpaceX for a whopping $258 billion, claiming they propped up a "crypto pyramid scheme" ...

The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. He also claims Musk and his companies made $86 billion “as a result of their wire fraud, gambling enterprise, false advertising, deceptive practices, and other unlawful conduct.”