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Electric Saab Emily GT May Get Second Life Under New Investors

The Truth About Cars

After the company went defunct in 2016, its assets were eventually picked up by a company called New Electric Vehicle Sweden (NEVS). A Chinese company purchased the new entity and faced bankruptcy before a group of investors stepped in to save it, which& could revive plans & for a new 600-mile EV. .&

Sweden 98
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Elon Musk makes opening remarks in SolarCity trial, defends Tesla’s $2.6B acquisition

Teslarati

The deal took place in 2016 and gave Tesla full possession of the solar panel maker, a move that some Tesla shareholders were not keen on, as some are alleging the move was a bailout of SolarCity. Interestingly, Musk also owned around 22% of Tesla at the time of the SolarCity purchase.

Legal 145
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Fiat Chrysler reaches $300 million plea deal following emissions fraud probe

Teslarati

FCA was accused of evading emissions requirements on over 100,000 Ram pickup trucks and Jeep-brand SUVs manufactured between 2014 and 2016 and ultimately decided to plead guilty to the charges. It would then allow the vehicles to pollute beyond legal limits on public roadways. FCA negotiated the plea deal with U.S.

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Tesla’s Chief Accounting Officer sells over 4,450 shares for nearly $3M

Teslarati

The purpose is to make the public aware of the “insider’s various transactions in company securities, including the amount purchased or sold and the price per share,” the SEC writes. Previously, he was the Vice President and Corporate Controller for SolarCity, the solar panel manufacturer that Tesla absorbed in 2016 for $2.6

India 140
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After Tesla trademarked ‘CYBERBACKPACK,’ the product’s inventor sits at a crossroads

Teslarati

The Cybertruck, with its mass appeal and loyal following, would likely do well in a “backpack” version, and it would be a dream for Riz, who purchased his first Tesla in March 2016. Tesla could technically argue the same thing, legal experts told us. I’d love to hear from you!

Tesla 100
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Tesla lawsuit claiming Autopilot is ‘false advertising’ allowed to proceed

Teslarati

In February 2020, case 20CV01141 was filed with the Superior Court of California, County of Santa Barbara, where Filippini, along with this brother, Iaian, claimed Tesla employees misrepresented the capabilities of the Model S sedan that they purchased in 2016.

Tesla 99
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The Tesla MCU1 conundrum: How early FSD adopters were left behind in limbo

Teslarati

When Tesla started selling Full Self-Driving back in 2016, the company was in a far different place than where it is today. It was then no surprise that when the company debuted its first FSD demo in 2016 , numerous Model S and Model X owners were all too willing to support Tesla. . He is not doing anything.

Tesla 119