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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

The corporate confronted delisting from Nasdaq as a result of its accumulation used to be buying and selling beneath $1. The post Nikola turns to Delaware legislation to backup finance hydrogen pivot appeared first on Bauaelectric Auto News. However the proportion worth has recovered to related at $1.38

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Fisker starts posting jobs at re-commissioned Delaware plant; targeting Project Nina production at end of 2012

Green Car Congress

Fisker Automotive is posting job openings at the re-commissioned Wilmington, Delaware plant. The announcement of new jobs in Delaware comes on top of a significant employment expansion at Fisker’s Global Headquarters based in Anaheim, California. The plan for 2011 will encompass the hiring of about 120 employees.

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Elon Musk’s Tesla pay package gets voided, Judge rules in favor of shareholder

Teslarati

Elon Musk’s Tesla pay package has been voided by a Delaware Judge after the case was ruled in favor of the plaintiff, a shareholder who challenged the validity of the amount of the payday. Judge Kathaleen McCormick ruled in the Delaware Court of Chancery that Musk’s pay package did not meet the standard of a fair price.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. Ford confirmed to CarsDirect that its communication was legitimate. If you have any comments, concerns, or questions, please email me at christine@teslarati.com.

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Elon Musk’s $55 billion Tesla CEO compensation gets voided by judge

Baua Electric

A Delaware judge has sided with Tesla shareholders who filed a lawsuit claiming that Elon Musk unjustly secured a $55 billion CEO compensation plan. They filed a complaint in court in Delaware. Delaware Chancery Court Chief Judge Kathaleen St. The plan is now voided by the court.

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Tesla now spends ad money to influence shareholders approval of Elon Musk’s $55B payday

Baua Electric

The Delaware court found that this invalidated the vote, and therefore, Tesla had to rescind the compensation plan. The automaker even spent money on Elon Musk’s pockets by buying ads on X with the post listed as “promoted”. Tesla shareholders have until June 13th to vote their shares.

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Twitter refuses Elon Musk’s renewed $44B bid

Teslarati

This news comes after reports of Elon Musk’s asking the Delaware court to halt the upcoming trial. “Buying Twitter is an accelerant to creating X, the everything app,” Elon Musk tweeted on Tuesday. He renewed his offer to purchase the social media network this week and shared a few details about his goals.