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Elon Musk’s legal team: Twitter ordered whistleblower to destroy evidence

Teslarati

Elon Musk’s legal team threw some allegations against Twitter in a recent filing, with the Tesla CEO’s camp alleging that the social media company had ordered whistleblower Peiter “Mudge” Zatko, its former head of security, to destroy evidence as part of his severance package. per share. .

Legal 135
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U.S. Senator calls for SEC to investigate Tesla Board for ‘failure to manage’ Elon Musk

Teslarati

” Warren penned a letter on Thursday morning that aims to raise awareness of Musk’s actions since purchasing Twitter, now called X, and the Tesla Board’s failure “to uphold its legal duty to ensure that Mr. Musk acts in the best interest of Tesla.” ” “Mr.

Tesla 108
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How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

On 12 August 1981, at the Waldorf Astoria Hotel in midtown Manhattan, IBM unveiled the company's entrant into the nascent personal computer market: the IBM PC. The personal computer vastly expanded the number of people and organizations that used computers. Other companies, including Apple and Tandy Corp. IBM CEO Frank T.

Personal 145
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Elon Musk makes opening remarks in SolarCity trial, defends Tesla’s $2.6B acquisition

Teslarati

billion acquisition of solar energy company SolarCity. The lawsuit indicates that Musk applied heavy pressure on Tesla’s board to purchase SolarCity back in 2016, as the company was running low on cash and was likely headed for bankruptcy. SolarCity was founded by two of Musk’s cousins, Lyndon and Peter Rive.

Legal 145
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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

Rental car company Avis Budget Group, Inc. has agreed to acquire car-sharing company Zipcar for $12.25 The Boards of Directors of both companies unanimously approved the transaction, and Zipcar shareholders representing approximately 32% of the outstanding common stock have agreed to vote their shares in support of the transaction.

Companies 218
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Tesla sues man for $650k in defamation lawsuit after he won $150k from automaker

Teslarati

American electric car company Tesla has decided to sue a Chinese man for $650,000, claiming defamation following his victory against the automaker in a separate lawsuit, where he won $155,000. Han Chao has posted images of legal documents that indicate Tesla is suing him for 5.05 million yuan, or around $650,000 for defamation.

Tesla 126
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Lewis H. Latimer: A Life of Lightbulb Moments

Cars That Think

Emblematic of the hope, faith, perseverance, and drive to overcome systemic legal and social barriers the song encapsulates is the life of self-taught technical genius Lewis H. Sandford decision , ruled that an enslaved person was not made free by entering a state whose laws forbid slavery.

Light 97