Teslarati

JUNE 7, 2023

The Delaware Supreme Court has upheld a lower court’s ruling that Tesla CEO Elon Musk did not push the electric car maker to overpay when it acquired rooftop solar provider SolarCity in 2016. As per the Delaware Supreme Court, however, the presentation of Slights’ ruling could probably have been done better. billion deal.

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Delaware Tesla Solar IDEA 142

Teslarati

MAY 3, 2024

Tesla has sued an Indian company called Tesla Power for using its namesake for promotion. Tesla sent the Indian company a cease-and-desist notice in April 2022, but it continued to push its products under the name and argues that it should be allowed to use the label because it has no intentions of making electric vehicles, Reuters reports.

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Teslarati

JULY 12, 2022

On Tuesday, July 12, Twitter officially filed a lawsuit against Elon Musk in the Delaware Court of Chancery. The company aims to force Musk to finalize his $44 billion deal. ” Twitter has filed a lawsuit in the Delaware Court of Chancery to hold Elon Musk accountable to his contractual obligations.

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Teslarati

FEBRUARY 1, 2024

Following the rescindment of CEO Elon Musk’s pay package, Tesla is considering moving its incorporation status from Delaware to Texas, and it is just one step away from doing so. Based on the vote on X, it will be voted by Tesla shareholders that the company should move to Texas. Why did Tesla incorporate in Delaware?

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Texas Delaware Tesla Tax 141

Teslarati

FEBRUARY 15, 2024

Elon Musk’s SpaceX has switched its state of incorporation from Delaware to Texas. The incorporation switch follows the departure of other Elon Musk-led companies leaving Delaware. He advised other companies to follow suit. He advised other companies to follow suit. “If The Boring Company quickly followed.

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Teslarati

MAY 5, 2024

One of Tesla’s largest individual shareholders has spoken out against CEO Elon Musk and his stake in the company, as investors vote on the CEO’s recently rejected 2018 pay package. After a Delaware judge ruled in favor of a shareholder in a lawsuit in January, officially voiding Musk’s 2018 compensation package worth $55.8

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Delaware Tesla 2018 Texas 141

Teslarati

JANUARY 31, 2024

Former 2024 Presidential Candidate Vivek Ramaswamy has commented on the situation involving Elon Musk and his pay package that was rescinded by a Judge in Delaware. ” The Delaware Supreme Court can appeal the decision from Judge McCormick. Ramaswamy called the decision “a threat to the future of capitalism.”

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Delaware Tesla Future Texas 145

Electrek

APRIL 17, 2024

Tesla has filed a proxy with shareholders to ask them to vote for the company to move its state of incorporation to Texas and re-pass Elon Musk’s 2018 CEO massive compensation plan that was rescinded by a Delaware judge earlier this year.

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Texas Delaware Tesla 2018 122

Teslarati

FEBRUARY 14, 2024

Tesla and its CEO Elon Musk have said they will appeal the decision to rescind his $56 billion pay package, as a Delaware Judge ruled last month that the payday was too lucrative and not in the best interest of investors after a shareholder opposed it. Reuters initially reported on the intention of appeal from Musk and Tesla.

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Delaware Tesla Texas Grant 141

Green Car Congress

JANUARY 6, 2023

Universal EV Chargers has also won grants in Ohio, North Carolina, Massachusetts, Pennsylvania, New Jersey and Delaware. The company launched in 2021 as a division of Universal Green Group, which has been a solar energy competitor in Texas and the Southwest since 2009.

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Texas Grant Universal North Carolina 353

Teslarati

FEBRUARY 8, 2024

The biggest winners in the case against Tesla CEO Elon Musk and his pay package that was thrown out by a Delaware Chancery Court Judge will be the lawyers who tried and won the case. The Financial Times article states that judges awarded $267 million to lawyers representing shareholders who settled with Dell Technologies for $1 billion.

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Delaware Tesla Tax Corporation 140

Baua Electric

JULY 13, 2023

“The whole problem here is it’s a new company in the field and they don’t have all the equipment like the established players like Daimler, Volvo or Paccar have,” mentioned Antti Lindstrom, a truck analyst at S&P International Mobility.

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Delaware Financing Hydrogen Gasoline-Electric 52

Teslarati

APRIL 17, 2024

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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Texas 2018 Delaware Tesla 130

Green Car Congress

APRIL 26, 2013

A vehicle-to-grid (V2G) project between the University of Delaware and NRG Energy has begun selling power to PJM Interconnection for the power grid. Earlier post.). A key aspect of the technology is that it can aggregate power from multiple electric vehicles to create one larger power resource, rather than individual, smaller ones.

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Delaware Grid Power Powered 231

Green Car Congress

NOVEMBER 20, 2009

Valero Energy Corporation intends to permanently shut down its Delaware City, Delaware refinery due to financial losses caused by very poor economic conditions, significant capital spending requirements and high operating costs. Valero Delaware City Refinery. Click to enlarge. —Valero Chairman and CEO Bill Klesse.

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Delaware Tax 2010 Oil 186

Teslarati

SEPTEMBER 20, 2023

The Tesla board settlement that occurred earlier this year saw the directors of the company return more than $700 million for allegedly overpaying themselves. Additionally, two other firms, one from Wilmington, Delaware, and another from Lansing, Michigan, also billed “hundreds of hours.” They have until Friday to do so.

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Delaware Tesla Michigan 2017 125

Green Car Reports

JULY 28, 2023

bankruptcy Judge Mary Walrath in Wilmington, Delaware, to approve bidding procedures that would allow the company. Bankrupt Lordstown Motors must face a trial over fellow EV firm Karma Automotive's claim that the Ohio-based automaker stole infotainment technology, Reuters reported Thursday.

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Karma Delaware Ohio Motors 115

Green Car Congress

MARCH 23, 2023

—Karen McKee, president of ExxonMobil Product Solutions The refinery is connected to pipelines from ExxonMobil’s operations in the US Permian Basin, providing the company with significant strategic advantages. Construction on the Beaumont expansion began in 2019 and involved 1,700 contractors.

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Delaware Oil 2012 Light 353

Teslarati

JANUARY 30, 2024

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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Delaware Tesla Grant Buy 101

Green Car Congress

JANUARY 22, 2010

The University of Delaware has signed the first license for its vehicle-to-grid (V2G) technology with AutoPort, Inc., Top speed 95 mph Dick Johnson, AutoPort’s director of business development, said that AutoPort will work with major companies in the area to demonstrate the V2G concept. In September 2009, Delaware Gov.

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Delaware Universal Fleet Grid 218

Teslarati

FEBRUARY 5, 2024

Thousands of retail Tesla ( NASDAQ:TSLA ) investors have banded together to express their support of CEO Elon Musk’s and his 2018 compensation plan, which was rescinded by a Delaware judge last week. The group also expressed their support to the idea of Tesla moving its state of incorporation from Delaware to Texas.

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Delaware Tesla 2018 Texas 145

Electric Cars Report

AUGUST 8, 2023

Commercial vehicle electrification company Proterra filed for Chapter 11 bankruptcy protection on Monday. The decision to file for bankruptcy was made on a voluntary basis within the jurisdiction of the District of Delaware, where the company is legally incorporated.

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Delaware Legal Commercial Electric Cars 98

Green Car Congress

AUGUST 12, 2023

Synthetic biotechnology company Amyris commenced voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. The company intends to pay vendors in the ordinary course for all goods received and services rendered after the filing. Amyris entities outside the US are not included in the proceedings.

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Delaware Financing Sale For Sale 150

Green Car Congress

AUGUST 3, 2020

The act directs the Office of Science and Technology Policy to convene an interagency entity under the National Science and Technology Council with the responsibility of coordinating federal programs and activities in support of sustainable chemistry.

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Parts Delaware Federal Program United States 341

Green Car Congress

DECEMBER 18, 2013

(REG) has entered into an asset purchase agreement under which it would acquire substantially all of the assets of Syntroleum Corporation, and assume substantially all of the material liabilities of Syntroleum, a Fischer-Tropsch gas-to-liquids and renewable diesel fuel technology company. Syntroleum has 101 patents issued or pending.

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Renewable Companies Energy Delaware 268

Baua Electric

FEBRUARY 1, 2024

Earlier this week, a judge in Delaware, where Tesla is incorporated, sided with a Tesla shareholder who filed a lawsuit that claimed Tesla’s board misled investors when presenting its 2018 CEO compensation plan. Why was Tesla in Delaware in the first place? Tesla has nothing to do with Delaware. That’s all it does.

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Texas Delaware Tesla Corporation 52

Green Car Congress

MARCH 14, 2017

the developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and energy storage systems ( earlier post ), filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court of the District of Delaware. Aquion Energy Inc., Whitacre, J. Shanbhag, S., Mohamed, A., Polonsky, A.,

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Companies Hybrid Energy Storage Batteries 170

Green Car Congress

AUGUST 16, 2023

The attending members of the Boards of Directors of both companies unanimously approved the proposed transaction. We are excited to merge with ElectraMeccanica and accelerate the growth of the combined company. of the combined company and Tevva shareholders will own 76.5% of the combined company on a fully diluted basis.

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Commercial Europe Electric Electrical 352

Green Car Congress

AUGUST 10, 2023

Proterra has voluntarily filed for protection under Chapter 11 of the US Bankruptcy Code in the District of Delaware in an effort to strengthen its financial position through a recapitalization or going-concern sale. As a result of the filing, Proterra cancelled its scheduled earnings conference call on Wednesday.

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Delaware North America Legal Asia 150

Green Car Congress

JULY 23, 2018

GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins.

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Delaware Production Texas New Mexico 210

Green Car Congress

DECEMBER 10, 2020

WiTricity, the industry pioneer in efficient wireless power transfer over distance, has filed a patent infringement lawsuit against Momentum Dynamics, a Pennsylvania-based company developing wireless charging systems for the automotive and transportation industries. The lawsuit was filed in the US District Court for the District of Delaware.

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Delaware Pennsylvania Personal Toyota 170

Baua Electric

JANUARY 30, 2024

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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Delaware Tesla 2018 Auto 52

Green Car Reports

JUNE 22, 2011

The company announced today that it would post job listings for what will be roughly 120 positions at its Wilmington, Delaware, assembly plant where it plans to build its second model.

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Delaware Fisker Karma Dealers 83

Teslarati

FEBRUARY 16, 2024

The EV maker noted in its filing that the Gravity’s unveiling “marked a major technical, commercial, and design milestone for the company.” “On Musk’s sentiments may be reasonable considering that Rawlinson is very well paid compared to other auto CEOs.

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Los Angeles Delaware 2018 GM 119

Green Car Congress

OCTOBER 29, 2019

This licensing agreement is a part of the settlement of a patent infringement case that has been pending in the Federal District Court for the District of Delaware between the two companies. ArcelorMittal entered into a licensing agreement of its Usibor part processing technology patent with AK Steel.

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Green Car Congress

FEBRUARY 4, 2022

University of Delaware engineers have demonstrated an effective way to capture 99% of carbon dioxide from the ambient air feed to an hydroxide exchange membrane fuel cell (HEMFC) air using a novel electrochemical system powered by hydrogen. Source: University of Delaware.

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Hydrogen Power Powered CO2 448

Green Car Congress

JANUARY 18, 2017

Exxon Mobil Corporation will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by the Bass family of Fort Worth, Texas, with an estimated resource of 3.4 The companies also hold producing acreage in other areas in the United States. —Darren W.

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Fort Worth Delaware Oil New Mexico 150