Remove Companies Remove Legal Remove Price Remove Purchase
article thumbnail

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 133
article thumbnail

Koch invests $252M in Compass Minerals to support development of lithium brine project in Utah; ESM for DLE

Green Car Congress

Koch Minerals & Trading, LLC (KM&T), a diverse global trading, logistics and investment company and subsidiary of Koch Industries, Inc. Under the terms of the investment agreement, KM&T has agreed to purchase 6,830,700 shares of Compass Minerals common stock at a price of $36.87 The issuance price represents a 6.2%

Utah 195
article thumbnail

Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. Using today’s market pricing, the contract terms would deliver an SC6.0

Supplies 243
article thumbnail

Tesla and Hertz have no binding contract in massive Model 3 deal

Teslarati

Tesla ( NASDAQ: TSLA ) and rental agency Hertz have no binding deal, according to Tesla CEO Elon Musk, who stated the two companies had not entered a legal partnership that would secure Hertz’s purchase of 100,000 Model 3 sedans. “Deliveries of the Teslas already have started.

Tesla 133
article thumbnail

FREYR Battery concludes frame agreements for > 90% of raw material requirements for initial plants in Mo i Rana

Green Car Congress

The frame agreements will form the legal basis for the supply of the facility with cathode active material, anode active material, separators, electrolyte, Al-foil, Cu-foil, and insulation material, comprising more than 90% of the material required on both a value and volume basis. Tilo Hauke, EVP of Supply Chain in FREYR.

Batteries 243
article thumbnail

Twitter locks employee stock accounts amid Elon Musk buyout expectations

Teslarati

Days before the deadline to finalize the company’s deal with Elon Musk, Twitter Inc. The move suggests that the social media company is hopeful the deal with the Tesla CEO will be finalized. As noted in a Bloomberg News report, the social media company updated its employee FAQ page this week.

Legal 79
article thumbnail

Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

Supplies 195