Again? Tesla sued for alleged racial discrimination and harassment

Published

4 years ago

February 11, 2022

Brittany Coles

Tesla has been sued by a state civil rights agency for operating a ‘racially segregated workplace’

Tesla is being sued for alleged racial discrimination and harassment by a California regulator

A state civil rights agency says the electric carmaker runs a racially segregated workplace

The California Department of Fair Employment and Housing says it had received “hundreds of complaints” from workers at the Fremont factory.

But Tesla firmly denies the allegations, calling the lawsuit “misguided”

This comes days after President Biden acknowledged Tesla as the nations largest electric vehicle manufacturer

The company, which is led by chief executive Elon Musk, says it “strongly opposes all forms of discrimination and harassment” and will ask the court to pause the case.

Meanwhile, the director of agency says evidence has been found

Kevin Kish says black workers at the California factory are subjected to racial slurs and discriminated against in job assignments, discipline, pay and promotion

Shockingly, areas in the factory where many Black and African American employees were located were referred to as the “porch monkey station,”

Racist graffiti was also left in break rooms, restrooms, and work stations including racial slurs too explicit to reveal on air

Tesla has previously been sued for racial harassment and discrimination at its Fremont factory. In October last year, a judge awarded a Black former employee $137 million in damages

Tesla says over the past five years the agency has been asked by individuals to investigate the company on nearly 50 occasions

This comes as Tesla recalls over half a million vehicles in the U.S. because a “Boombox” function can obscure audible warnings for pedestrians.

AI fears rattle global markets and investors

AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.

Published

10 hours ago

February 16, 2026

Harvey Vargas

AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.

Global stock markets are experiencing heightened volatility as concerns about AI disruption sweep across industries. Investors are closely monitoring which sectors could be most affected as the technology continues to evolve.

Recent announcements from major US AI companies sent waves through international markets, highlighting the interconnected nature of global finance and technology. European software giants such as Dassault Systèmes and RELX saw significant declines, underscoring the global reach of AI developments.

UBS analysts warn that the impact of AI disruption could intensify in 2026 and 2027, with potential ramifications for a wide range of sectors.

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Money

U.S. stocks falling amid AI worries and weak earnings

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

Published

3 days ago

February 13, 2026

Harvey Vargas

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

U.S. stocks are tumbling as investors grow concerned over AI profitability and disappointing earnings. Defensive sectors are attracting attention ahead of the upcoming CPI report, while market participants are carefully watching how tech-heavy AI stocks are influencing broader indices. Steve Gopalan from SkandaFX notes that these factors are shaping market sentiment.

For traders, commodities like gold and oil are also playing a role in sentiment, providing hedges amid market uncertainty. The January jobs report and unemployment data are adding further context, with potential implications for Federal Reserve policy.

Market expectations for rate cuts are shifting as investors weigh economic indicators against global market dynamics. Traders are also eyeing currency movements, including the Australian Dollar and Japanese yen, for signs of broader economic trends.

Money

Wall Street tumbles as tech stocks face AI disruption fears

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Published

3 days ago

February 13, 2026

Harvey Vargas

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Wall Street took a sharp hit as tech stocks plummeted amid growing investor anxiety over artificial intelligence. Markets reacted strongly to uncertainty about how AI could disrupt major sectors, leaving investors on edge. Kyle Rodda from Capital.com explains why investors are nervous about what’s ahead.

Cisco Systems’ quarterly results added to the market jitters, while defensive sectors gained attention as investors sought safer bets. Analysts describe 2026 as a ‘prove it’ year for AI, with companies needing to demonstrate real returns on their ambitious investments.

The January Consumer Price Index report and rising concerns over AI’s impact on transportation companies further weighed on sentiment. Investors are now closely watching major tech firms for signals on how AI spending will shape future market performance.

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