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Elon Musk’s ‘funding secured’ Tweet draws skeptical reaction from judge in hearing

Teslarati

Elon Musk’s 2018 Twitter post that implied he had secured funding from Saudi Arabia’s sovereign wealth fund to take Tesla shares private at $420 per share drew a skeptical reaction from a United States District Court Judge on Thursday. During a court hearing on March 10, U.S. Am considering taking Tesla private at $420.

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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

The Board of Directors of Alcoa has unanimously approved a plan to split the lightweight metals leader into two independent, publicly-traded companies. The globally competitive Upstream Company will comprise five business units that today make up Global Primary Products: Bauxite, Alumina, Aluminum, Casting and Energy.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources. The plan should address incentives for CCS adoption and any financial, economic, technological, legal, institutional, or other barriers to deployment. per gallon.

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