Former Tesla Australia director pleads guilty to insider trading on lithium deal
November 15, 2022 at 22:22 PM EST
Tesla Inc.'s former country director in Australia pleaded guilty in a Sydney court to two counts of insider trading, having bought shares in Belmont, N.C.-based Piedmont Lithium Inc. after finding out that it was agreeing to supply the electric-vehicle maker with the battery material, Australia's corporate regulator said Wednesday.