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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

The corporate confronted delisting from Nasdaq as a result of its accumulation used to be buying and selling beneath $1. The post Nikola turns to Delaware legislation to backup finance hydrogen pivot appeared first on Bauaelectric Auto News. However the proportion worth has recovered to related at $1.38

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Elon Musk’s Tesla pay package gets voided, Judge rules in favor of shareholder

Teslarati

Elon Musk’s Tesla pay package has been voided by a Delaware Judge after the case was ruled in favor of the plaintiff, a shareholder who challenged the validity of the amount of the payday. Judge Kathaleen McCormick ruled in the Delaware Court of Chancery that Musk’s pay package did not meet the standard of a fair price.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” The company is dedicated to the battery supply chain network so that Battery Electric Vehicles (BEVs) are more sustainable and economical for our consumers. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. battery production.” ” I’d love to hear from you!

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Elon Musk says he’d rather build AI outside of Tesla without new comp package

Teslarati

Tesla CEO Elon Musk said he is “uncomfortable” helping the company continue its path to revolutionize AI and robotics with the current voting share he has. However, the company has continued to strive forward under his guidance, and he is looking for more influence in what happens, according to what he said on X on Monday.

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Elon Musk’s $55 billion Tesla CEO compensation gets voided by judge

Baua Electric

A Delaware judge has sided with Tesla shareholders who filed a lawsuit claiming that Elon Musk unjustly secured a $55 billion CEO compensation plan. They filed a complaint in court in Delaware. Delaware Chancery Court Chief Judge Kathaleen St. The plan is now voided by the court.

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Tesla now spends ad money to influence shareholders approval of Elon Musk’s $55B payday

Baua Electric

It’s a complicated issue, but in short, the judge found that Tesla’s board and Musk didn’t play by the rules of a public company when it presented the plan to shareholders. The Delaware court found that this invalidated the vote, and therefore, Tesla had to rescind the compensation plan.

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Tesla price targets drop for varying reasons, but some feel like a reach

Teslarati

As of February 6, shares are down over 25 percent, and the slide truly started to get intense after the company’s Q4 Earnings Call. Tesla has done things differently than a lot of traditional car companies, but when you think about its models, there are a few things that the automaker does in a similar fashion. on the East Coast.

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