Month: May 2020

Automakers are letting hundreds of thousands of customers around the country defer loan and lease payments during the pandemic, offering a small bit of financial relief in a dramatically uncertain time. But customers who call Honda of North America to ask for one of these deferrals are likely talking to a representative who’s still working in one of the company’s regional offices, because it’s making many employees come into these offices despite local stay-at-home orders, The Verge has learned.

Honda’s financial services division has told employees across its regional offices that they are considered “essential” workers because the various state orders allow “financial institutions” to continue business as usual. Honda has also cited…

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Tesla CEO Elon Musk tweeted Friday that Tesla’s stock price is “too high imo,” and the stock fell immediately after. Tesla’s stock is down more than eight percent as of this writing.

Last year Musk made an agreement with the Securities and Exchange Commission to have a company lawyer pre-approve tweets about Tesla’s finances, sales, or deliveries last April. The settlement exists because Musk tweeted he was thinking of taking Tesla private, “funding secured.” The SEC sued him for securities fraud as a result.

Here is Musk’s entire tweet:

On February 19th of last year, Musk tweeted that Tesla would make “around” 500,000 Tesla Model 3s in 2019, which was not in line…

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