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.

Commodities surge as oil volatility and metals hit record highs

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Published

3 hours ago

January 16, 2026

Harvey Vargas

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Global commodities are on the move, with oil prices swinging sharply as geopolitical tensions involving Iran fuel uncertainty across energy markets. Traders are closely watching supply risks and political flashpoints, driving short-term volatility.

Precious metals are stealing the spotlight, pushing to record highs as investors seek safety amid inflation concerns, interest-rate uncertainty and rising global risk. At the same time, industrial metals are surging, supported by demand expectations and tightening supply.

To unpack what this means for markets and investors, we’re joined by Kyle Rodda from Capital.com to break down the key drivers behind this powerful commodities rally.

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#Commodities #OilPrices #Gold #Metals #MarketVolatility #Geopolitics #Investing #TickerNews

Money

Stocks slide and Trump cancels talks: What’s next for markets and Greenland?

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

Published

2 days ago

January 15, 2026

Harvey Vargas

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

U.S. stocks fell for a second day on Wednesday, with the S&P 500 dropping 0.9% and the Dow Jones losing 164 points. Investors are reassessing record-high levels as major banks report weaker-than-expected earnings.

Wells Fargo shares tumbled more than 5% after disappointing revenue results, while Bank of America is down roughly 7% week to date. Citigroup and Wells Fargo have both seen declines of about 8%, highlighting volatility in the banking sector.

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#StockMarket #SP500 #DowJones #BankEarnings #TrumpNews #Iran #Greenland #Geopolitics

Money

U.S. budget deficit falls to $1.67 trillion

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

Published

2 days ago

January 15, 2026

Harvey Vargas

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

The US budget deficit has dropped to $1.67 trillion in 2025, the lowest in three years, driven by record customs revenue from President Donald Trump’s tariffs. While this marks a positive shift for the economy, challenges loom with potential Supreme Court rulings on tariffs and falling corporate tax receipts.

David Scutt from StoneX explains the key factors behind the decline in the deficit and what December’s figures reveal about the overall fiscal health of the US.

We also explore the potential implications of upcoming Supreme Court decisions and how the One Big Beautiful Bill Act could impact future deficits. Stay informed on what these changes mean for the economy and markets.

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#USBudget #DeficitUpdate #TrumpTariffs #FiscalPolicy #Economy2025 #SupremeCourtImpact #CorporateTaxes #FinancialNews