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Regulatory & Legal Alerts – Dec. 2017

Green Car Congress

Peopletrail actively tracks the regulatory and legal environment that surrounds employment and criminal background screening. Effective January 1, 2018, California will become the tenth state to pass the “ban-the-box” law which removes the conviction history question on job applications for private employers with five or more employees.

Legal 231
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Tesla short seller Jim Chanos hit with lawsuit from partner over alleged fund misuse

Teslarati

Aggressive Tesla short seller Jim Chanos has been sued by a partner who is accusing the famed short-seller of using company funds for his personal use. Jim Chanos, for his part, has denied the allegations, dubbing Conlon’s lawsuit as ”puzzling and baseless.” Don’t hesitate to contact us with news tips.

Miami 122
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Tesla bull weighs in on Delaware Court decision against Musk’s TSLA comp plan

Teslarati

Tesla ( NASDAQ:TSLA ) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time.

Delaware 123
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Riversimple introduces Rasa prototype two-seater fuel cell vehicle; 300 miles on 1.5kg H2; production version in 2018

Green Car Congress

unveiled the Rasa, a road-legal engineering prototype of its first two-seater hydrogen fuel cell road car, built for full European type approval. With a total curb weight of 580 kg (1,279 lbs)—nearly half of a small car—it features a carbon composite chassis and only 18 moving parts in the entire powertrain. Earlier post.)

2018 150
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Elon Musk to attraction loss in SEC case to Ideal Court docket

Baua Electric

Circuit of Appeals in Long island to conserve the decree, which arose from his August 2018 tweet that he had “funding secured” to pull his electrical automotive corporate Tesla personal. Musk could be interesting a choice by means of the 2d U.S. “Supreme Court law holds otherwise.”

Legal 52
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SpaceX’s next-gen Starlink plans questioned by a company with zero satellites

Teslarati

In the latest instance of an Amazon-related venture attempting to use regulations and legal routes to suppress competition , Amazon’s Project Kuiper satellite internet venture wants the FCC to dismiss SpaceX’s application for the next generation of Starlink satellites.

Companies 145
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Musk’s “Master Plan, Part Deux”; expands Tesla to heavy-duty electric trucks and urban transport; integrated energy generation and storage

Green Car Congress

Master Plan Part 1—public now for ten years—outlined (1) the creation of an expensive low-volume electric car (Roadster) to fund (2) a medium-volume electric car (Model S, X) at a lower price to create (3) an affordable high volume car (Model 3) and (4) provide solar power. probably in 2018.” with version 1.0