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Former Lordstown CEO Given Permission to Buy Back Company Assets for $10 Million

The Truth About Cars

It’s estimated he made roughly $60 million from share sales, which include a large sale made just days before Lordstown filed for Chapter 11.& & He’s now buying what’s left of the company via LAS Capital for $10.2 But he began selling that off in chunks immediately after the lockup period on the IPO expired.

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Courts: Mahindra Can Continue Selling Roxor In the United States

The Truth About Cars

Indian automaker Mahindra has long sold the Roxor, a surprisingly strong lookalike of the Jeep Wrangler, but it has faced a legal challenge from Fiat Chrysler Automobiles, Jeep’s parent company. They argued that older models, which were much closer in appearance, were no longer on sale, and did not threaten FCA’s sales.

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Top 7 Tips for Buying a Car

Clean Fleet Report

Global car sales increased to approximately 67.2 Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. In this post, we explore seven essential tips on buying smartly. million units sold in 2021.

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Used Car of the Day: 1991 Ford Mustang

The Truth About Cars

The car is street legal, and according to the seller, drives well on the street. It's a mild surprise we don't feature Fox bodies more in this slot -- I am a former Fox body owner and would love to buy another Fox (much closer to stock than this, though). But I just don't see them often when combing the for-sale listings in our forums.

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Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

Twitter confirmed the sale to Musk in a statement on Monday. with Wilson Sonsini Goodrich & Rosati, Professional Corporation and Simpson Thacher & Bartlett LLP serving as legal counsel. Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel, the release said. “Twitter, Inc.

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Elon Musk tells Twitter to turn over names of workers calculating bot users

Teslarati

Tesla CEO Elon Musk’s legal team has alleged that Twitter is hiding the names of workers calculating bot users. Musk’s legal team has submitted a letter to Delaware Chancery Court Judge Kathaleen St. Twitter has so far not issued a statement about the recent filing from Musk’s legal team. per share. . per share. .

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Tesla Cybertruck flipper talks the no-resale agreement and more

Teslarati

One of the first people to flip a Tesla Cybertruck has now been interviewed, covering subjects like the no-resale policy and how much profit they actually made in the sale. Wolfe says that to make the sale the group had to keep raising its bid offerings to original owners until they finally accepted a sale of $210,000.

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