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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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Tesla’s Elon Musk plans to countersue Twitter to force deal termination: NY Post

Teslarati

Tesla CEO Elon Musk is planning to file a counter-lawsuit against social media company Twitter in an attempt to terminate the $44 billion agreement the two parties had where Musk would buy the platform. ” Twitter files suit against Elon Musk in Delaware court to enforce buyout deal. per share through their suit.

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Elon Musk tells Twitter to turn over names of workers calculating bot users

Teslarati

Musk’s legal team has submitted a letter to Delaware Chancery Court Judge Kathaleen St. Musk, for his part, recently confirmed on Twitter that his recent round of TSLA stock sales was made as a contingency plan just in case Twitter is successful in forcing him to buy the social media company at $54.20 per share. .

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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

can take advantage of the total incentives for buying zero-emissions vehicles – rebates that can go as high as $45,000 per truck. Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000. starting at a suggested MSRP of $68,500.

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new auto industry jobs in the United States. John Thune, R-S.D.,

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Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

We have a free market; therefore if Americans truly wanted to make the switch to electric vehicles, then they would buy them — no government interference necessary. From Automotive News : The White House noted Congress gave California authority to regulate emissions from vehicles more than 50 years ago, but did not issue a veto threat.