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Tesla investors to vote on Texas incorporation, ratification of Musk’s 2018 comp plan at 2024 annual meeting

Teslarati

The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas.

Texas 131
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Tesla loses VP of Legal to LiDAR startup Luminar

Teslarati

Tesla’s longtime Vice President of Legal and Acting General Counsel, Al Prescott, has joined LiDAR startup Luminar. “Luminar has pioneered safety-critical technology that will power our autonomous future. Prescott has worked for years with autonomous cars, acting as a legal expert for companies planning to enter the sector.

Legal 142
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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG. Following approval by the Board of Management and Supervisory Board the corporation can now move into the implementation phase of what it calls “PROJECT FUTURE”.

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Tesla bull weighs in on Delaware Court decision against Musk’s TSLA comp plan

Teslarati

Tesla ( NASDAQ:TSLA ) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time.

Delaware 129
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Nikola executes reverse merger with VectoIQ; now to be listed on NASDAQ; BEV and FCEV trucks

Green Car Congress

(Nasdaq:VTIQ) is a $230-million publicly traded Special Purpose Acquisition Company (SPAC) formed for the purpose of effecting a merger, acquisition or similar business combination within 24 months of its IPO, which was completed 18 May 2018. Nikola’s vision of a zero-emission future and ability to execute were key drivers in our decision.

Hydrogen 397
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E-scooter start-up VOI Technology raises $85M in Series B

Green Car Congress

Sweden-based e-scooter operator VOI Technology has raised $85 million from new investors and existing to continue its mission of building a profitable micro-mobility business that transforms the future of urban transport. VOI launched in September 2018. Hansen Law acted as VOI’s legal advisor.

2018 186
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CALSTART brief highlights growth of and future opportunity for California’s clean transportation technology industry

Green Car Congress

According to the report, the chief threat to the future growth of the clean transportation industry is the possibility of a change in policy or direction. The report offers policymakers three main recommendations: Solidify Targets and Extend Programs to at Least 2030.

Clean 150