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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.

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Study finds road conditions in US states worsening in important categories

Green Car Congress

This edition of the Annual Highway Report uses state-submitted highway data from 2016, the most recent year with complete figures currently available, along with traffic congestion and bridge data from 2017. Overall Rankings, 24 th Annual Highway Report.

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FTA LoNo grant recipients to purchase 35 Proterra electric transit buses

Green Car Congress

The 2016 LoNo grant winners will use their funds, a total of $22.8 Delaware Transit Corporation, six 35' Catalyst XR buses. Proterra announced that eight new and existing customers have won Federal Transit Administration (FTA) Low or No Emission (LoNo) Vehicle Deployment Grants. With more than 2.4

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Elon Musk SolarCity trial: Lawyer loses his lunch, Kimbal takes the stand

Teslarati

Elon Musk’s trial regarding Tesla’s 2018 acquisition of SolarCity in Wilmington, Delaware, took an interesting turn today. After a routine cleanup by janitorial staff at the Delaware courtroom, the trial finally resumed, and Wednesday brought Kimbal Musk to the stand.

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Canada and California to work together on cleaner transportation

Green Car Congress

California conducted a similar review in 2016 for vehicle standards through the 2025 model year and found the standards achievable, cost-effective and appropriate. Canada is currently completing a mid-term review of its light duty vehicle regulations.

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Tesla’s $2.6 billion SolarCity buyout dominated truthful as dismissal of shareholder swimsuit guarded

Baua Electric

The appeals court docket on Tuesday unfavourable arguments through the traders that SolarCity’s keep worth on June 21, 2016, used to be the one foundation of Slights’s resolution. Stockholders Litigation, 181, 2022, Delaware Best Courtroom (Dover). The case is In Re Tesla Motors Inc. The post Tesla’s $2.6

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Apache confirms significant new resource play in Texas: 75 Tcf gas, 3B barrels of oil

Green Car Congress

Apache Corporation has confirmed the discovery of a significant new resource play—the “Alpine High”—in the southern portion of the Delaware Basin, primarily in Reeves County, Texas. Capital spending on the Alpine High play in 2016 will represent more than 25% of Apache’s total capital spending program.

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