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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. Prescott has worked for years with autonomous cars, acting as a legal expert for companies planning to enter the sector. Tesla lost several general counsels in 2018 and 2019 to pursue other ventures.

Legal 140
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Tesla exec Tom Zhu triggers promotion speculation after China names new legal rep

Teslarati

Tesla global vice president and CEO of the Greater China region Tom Zhu has triggered speculations of a potential promotion after the electric vehicle maker’s operating entity in China changed its legal representative. The legal entity of Tesla (Shanghai) Co., Wang Hao, the general manager of Tesla China, now fills the position.

Legal 96
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LiDAR startup lured Tesla’s VP of Legal away with $30m compensation package

Teslarati

lured Tesla Vice President of Legal Alan Prescott away from the Austin-based electric vehicle leader with a massive $30 million compensation package. Prescott left Tesla last April after just under four years to join Luminar as the company’s Chief Legal Officer. Tesla loses VP of Legal to LiDAR startup Luminar.

Legal 98
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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. The steps toward implementation will be taken in 2018 and 2019. The measures approved by the boards today require the final approval of the shareholders as a next step.

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Canada refuses to permit seabed mining absent regulatory regime

Green Car Congress

In April 2019, Fisheries and Oceans Canada announced its new protection standard for new federal Marine Protected Areas (MPAs). Mineral exploration and exploitation do not currently occur in existing federal marine protected areas, and the Government’s 2019 MPA Protection Standard prohibits mining in future federal MPAs.

Canada 210
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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The DFC loan is subject to the completion of due diligence, negotiation of detailed terms and legal documentation, DFC management approval and Syrah and Twigg Board approvals. DFC has subsequently undertaken technical, market, environmental, social and legal due diligence on Syrah, Twigg and Balama. Earlier post.)

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Tesla’s Elon Musk not required to testify in fatal Autopilot crash case

Teslarati

The Judge noted, however, that Tesla must provide written responses to questions posed by the legal team of the deceased driver’s family, especially about the claims Tesla and Musk have made about Autopilot. The family’s legal team must do this before it pushes the Tesla CEO to take the witness stand, the Judge noted.

Legal 144