PLL News: UPDATE 1-Ex-Tesla Australia director pleads guilty to insider trading - 16th Nov 2022, 1:59pm

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Nov 16 (Reuters) - A former director of Tesla Inc's Australian unit pleaded guilty to two counts of insider trading based on a supply deal the carmaker signed with Piedmont Lithium in 2020, the country's corporate watchdog said on Wednesday.

The Australian Securities and Investments Commission (ASIC) said Kurt Schlosser bought 86,748 shares in U.S.-based Piedmont in September 2020 after being informed of details of the five-year spodumene concentrate supply deal.

The ASIC said ...

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