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Elon Musk’s Tesla-SolarCity deal lawsuit win upheld by Delaware Supreme Court

Teslarati

The Delaware Supreme Court has upheld a lower court’s ruling that Tesla CEO Elon Musk did not push the electric car maker to overpay when it acquired rooftop solar provider SolarCity in 2016. As per the Delaware Supreme Court, however, the presentation of Slights’ ruling could probably have been done better. billion deal.

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Twitter files suit against Elon Musk in Delaware court to enforce buyout deal

Teslarati

On Tuesday, July 12, Twitter officially filed a lawsuit against Elon Musk in the Delaware Court of Chancery. ” Twitter has filed a lawsuit in the Delaware Court of Chancery to hold Elon Musk accountable to his contractual obligations. The company aims to force Musk to finalize his $44 billion deal.

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Tesla price targets drop for varying reasons, but some feel like a reach

Teslarati

Tesla ( NASDAQ: TSLA ) price targets were dropped by several firms due to varying reasons, but some feel like a reach. Some of them that were spoken of were Tesla’s lack of annual guidance, no narrative on price cuts, and a general lack of strategy. Potter trimmed his price target to $225 from $295. This is one of them.

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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

It will additionally borrow towards its structures and alternative property to boost price range. The post Nikola turns to Delaware legislation to backup finance hydrogen pivot appeared first on Bauaelectric Auto News.

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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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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. He added that Twitter probably accelerates the new app by three to five years. Follow us for interactive news & more. If you have any comments, or concerns, or see a typo, you can email me at johnna@teslarati.com.

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Elon Musk formally moves to terminate Twitter’s $44 billion acquisition

Teslarati

The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery. We are confident we will prevail in the Delaware Court of Chancery,” Taylor wrote.

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