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Proterra files for Chapter 11

Green Car Congress

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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Elon Musk’s Tesla pay package gets voided, Judge rules in favor of shareholder

Teslarati

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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Tesla can rebound with these 10 turnaround ideas: Wedbush

Teslarati

Tesla reported Earnings for Q4 and Full Year 2023 on Wednesday , and after what was widely considered to be a weak conference call, the stock dropped over 12 percent on Thursday. “This was 101 how to not to do a conference call,” Ives commented on Thursday morning.

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Material Derived From Carbonized Chicken Feathers Could Meet DOE Hydrogen Storage Targets

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Scientists at the University of Delaware are developing a new low-cost material for hydrogen storage—carbonized chicken feathers (CCFF)—that they say could meet the DOE requirements for hydrogen storage and are competitive with carbon nanotubes and metal hydrates at a tiny fraction of their cost. Wool, University of Delaware.

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Phoenix Motorcars Introducing Electric AWD Phoenix SUT at FedFleet 2010

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Phoenix Motorcars will present its newly configured Sports Utility Truck (SUT) ( earlier post ) at the FedFleet 2010 Conference in Phoenix, Arizona, 13-15 July 2010. Phoenix Cars LLC, a Delaware company, operates under the trade name of Phoenix Motorcars. Phoenix Motorcars offers a 70 mile range pack with deliveries later this year.

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Elon Musk’s legal team calls out Twitter over alleged pretrial delays

Teslarati

Tesla CEO Elon Musk’s legal team has filed a letter to the Delaware Chancery Court, alleging that Twitter is engaging in unnecessary pretrial delays. “Defendants immediately reached out to Twitter’s counsel to schedule a meet and confer to discuss the discovery process and schedule.

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ARPA-E Awards Consortium $4.4M to Develop Next-Generation Magnets; Applications in Motors in Hybrids, EVs, Wind Turbines

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of Delaware. A consortium led by the University of Delaware won a $4.4 Murray Professor of Physics and chairperson of the Department of Physics and Astronomy at the University of Delaware, is the principal investigator on the project. At the recent International Conference on Magnetism 2009 held in Germany, Prof.

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