Tesla

But some high-profile public companies have already left the state, long the default corporate domicile.

Within the past two weeks, three different companies created by Elon Musk have parted ways with portions of their staff—although the cuts were much less severe at one of the billionaire’s offspring.

Whether it’s a company that became an icon of the 20th century or one that hopes to do the same for the 21st, it’s been a bad past few days to be the leader of a multibillion-dollar business.

If a budding rivalry with Lucid Motors weren’t enough, the US Department of Justice is now investigating Elon Musk’s assertion that Tesla had "[f]unding secured” to go private.

After a tumultuous couple of weeks for Tesla, founder Elon Musk’s potential buyout partner is apparently looking to acquire a majority stake in Lucid, another electric car business.

The saga surrounding Tesla entered an exciting new chapter on Tuesday when CEO Elon Musk took to Twitter to announce he was considering taking the company private at $420 with “Funding secured.”

Just when you thought the situation couldn’t get any more bizarre for Tesla and CEO Elon Musk, it did.

CEO Elon Musk said the layoffs, part of a comprehensive restructuring, would keep Tesla on track to make its production targets for the Model 3, amid the company’s race to boost its margins.

The woes continue to mount for Tesla amid growing questions over the safety and efficacy of its semi-autonomous system following a series of serious—and sometimes deadly—crashes.

Despite solid earnings and impressive revenue growth, Tesla’s shares are sliding in the wake of a testy earnings call and a realization that the company will likely need to raise additional capital.

CEO Elon Musk’s pattern of making grand promises is threatened by the difficulties facing Tesla.

Tesla (NASDAQ: TSLA) has agreed to acquire Deutsche Beteiligungs-backed Grohmann Engineering, formally expanding into Europe for the first time in its relatively brief history.

It’s easy to blame the death on the technology, as Tesla has admitted that the Autopilot was engaged. But the reason the technology is so easy to blame isn’t its safety, it’s that the technology is so unfamiliar to drivers.

Driverless cars are a lot less scary than Tesla’s handling of Joshua Brown’s death and the subsequent sale of stock that took place without its announcement. We should expect better, even when a company makes stuff we want and especially when they promise so much.