In an all-hands company meeting broadcast on X, Tesla Chief Executive Elon Musk urged employees to hold on to their shares, which have fallen in value by 34% year to date.
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The Los Angeles Times is the largest metropolitan daily newspaper in the country, with a daily readership of 1.2 million and 2.1 million on Sunday, more than 32 million unique latimes.com visitors monthly and a combined print and online local weekly audience of 4.4 million. The Pulitzer Prize-winning Times has been covering Southern California for more than 136 years. Los Angeles Times’ businesses and affiliates also include The Envelope, Hot Property, DesignLA, Times Community News, and Los Angeles Times en Español, The Times also owns L.A. Times Studios LLC and California Community News, LLC.
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Updates
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A Times investigation found that being banned from operating assisted living facilities did not stop people from remaining involved in other kinds of caregiving businesses in California. Social Services oversees more than 12,000 eldercare facilities licensed across California. Under state law, it can ban someone from operating, directing or working at them if that person has violated state rules for the facilities, engaged in financial malfeasance or harmed residents. It can also prohibit those individuals from operating or working at any other kind of facility licensed by Social Services. But those bans only apply to the kinds of caregiving facilities that Social Services oversees. Social Services spokesperson Scott Murray said the department cannot ban people from running other kinds of facilities that aren’t under its umbrella. However, it “does have the authority to share information on such persons to other agencies to be used in their own decisions,” Murray said. Murray said the department regularly shares information about people who have been banned from its facilities with other state agencies, including Public Health, which licenses a wide array of health facilities and services. Public Health said that when it gets such information, it can conduct its own investigation — but nothing in state law requires it to take action. The result is that people banned from assisted living have been able to be involved in other kinds of care, troubling advocates.