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Regulatory & Legal Alerts – Dec. 2017

Green Car Congress

Peopletrail actively tracks the regulatory and legal environment that surrounds employment and criminal background screening. Effective January 1, 2018, California will become the tenth state to pass the “ban-the-box” law which removes the conviction history question on job applications for private employers with five or more employees.

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Elon Musk's Proposed Pay Package is At the Center of an Intensifying Game of Chicken

The Truth About Cars

The consideration comes after a 2018 package was nixed in a Delaware court. Musk and the board both believe that they’d have fared better in a Texas courtroom, though a vote to approve the latest package doesn’t guarantee that there won’t be further legal battles, even in the Lone Star State.

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Tesla’s latest way to get shareholders to vote: factory tour with Elon and Franz

Baua Electric

The two main proposals that the board is trying to get through are a new vote on Musk’s 2018 CEO compensation package and moving Tesla’s state of incorporation to Texas. As we previously reported, the company’s board launched a website and even started buying ads to push the vote in that direction.

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Tesla Model Y taxi service might be required to buy gas cars before it can deploy EV fleet

Teslarati

Revel, a startup that unveiled its plans to launch a Tesla Model Y-based rideshare service in New York back in April, recently met a rather bizarre roadblock — one that could result in the company actually buying 50 gas cars before it could deploy its EV fleet. Never in Revel’s history have we operated illegally,” he said.

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Elon Musk confirms his threat: give me 25% of Tesla or you don’t get AI and robotics

Baua Electric

That’s why it was really concerning when the CEO suggested that he is “uncomfortable” building AI products at Tesla unless he has “25% control over the company” – something he doesn’t have right now – partly because he decided to sell tens of billions of dollars worth of Tesla shares to buy Twitter. You can’t have your cake and eat it too.

Tesla 52
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The battle over Elon Musk’s Tesla comp package heats up

Baua Electric

The two main proposals that the board is trying to get through are a new vote on Musk’s 2018 CEO compensation package and moving Tesla’s state of incorporation to Texas. As we previously reported, the company’s board launched a website and even started buying ads to push the vote in that direction.

Tesla 52
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Twitter to adopt ‘poison pill’ strategy to fend off Musk’s $43B bid for platform

Teslarati

Twitter’s Board will adopt the “poison pill” strategy to fend off Tesla CEO Elon Musk’s $43 billion bid to buy the social media platform. Pizza chain Papa John’s used the strategy in June 2018 to prevent ousted founder John Schnatter from gaining control of the company. ” “Twitter, Inc. .”

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