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Tesla shareholder’s legal team adjusts demand to $1.44 billion in fees for Musk pay case

Teslarati

The legal team of Tesla shareholder Richard Tornetta, who filed a legal complaint against Elon Musk’s 2018 CEO Performance Award, has adjusted their plaintiff fee request to the Delaware Court. For their work in the case, Tornetta’s legal team argued that they should be granted 29.4 2018-0408-KSJM.387.0

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Riversimple introduces Rasa prototype two-seater fuel cell vehicle; 300 miles on 1.5kg H2; production version in 2018

Green Car Congress

unveiled the Rasa, a road-legal engineering prototype of its first two-seater hydrogen fuel cell road car, built for full European type approval. million) grant from the Welsh government in 2015, the Rasa was designed for lightness, strength, affordability and safety. Riversimple Movement Ltd. Earlier post.)

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EPA, NHTSA issue One National Program Rule; EPA withdraws CA waiver for GHG and fuel economy

Green Car Congress

The action finalizes parts of the SAFE Vehicles Rule that was first proposed on 2 August 2018. For its part, EPA is withdrawing the Clean Air Act preemption waiver it granted to the State of California in January 2013 as it relates to California’s GHG and ZEV programs. Earlier post.)

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Kenworth T680 fuel cell tractor on display at CES

Green Car Congress

A zero-emission Kenworth Class 8 T680 day cab tractor equipped with a Ballard hydrogen fuel cell ( earlier post ) is on display at the 2018 Consumer Electronics Show (CES). With a dual-rotor traction motor output of 565 horsepower, the truck is capable of carrying the legal gross combination weight of a Class 8 vehicle.

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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.

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Tesla Board Chair shares potential scenarios after TSLA investor vote on Musk’s 2018 pay package

Teslarati

Tesla Board Chair Robyn Denholm has shared her insights on Elon Musk’s 2018 pay package, as well as the possible scenarios that may unfold following TSLA shareholders’ vote to ratify the CEO Performance Award. The Tesla Board Chair noted that the compensation tied to the 2018 CEO Performance Award was worth about $2.3

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Tesla’s Elon Musk cites popular Eminem rap song in latest response to SEC

Teslarati

Tesla CEO Elon Musk’s legal skirmish with the US Securities and Exchange Commission continues, with the executive invoking popular rapper Eminem in a filing submitted to a Manhattan federal court on Tuesday. Musk and the SEC’s agreement was the result of the CEO’s “funding secured” fiasco in 2018.

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