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Proterra launches cloud-based EV fleet charging software platform with Delaware Transit Corporation

Green Car Congress

Proterra announced the Delaware Transit Corporation (DTC), operator of DART transit services, as its first customer to operate Proterra’s new fully-integrated fleet and energy management software platform, Valence.

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Tesla likely to leave Delaware after Musk moves SpaceX to Texas

Teslarati

Tesla is likely to leave the State of Delaware as its place of incorporation after CEO Elon Musk moved his aerospace company, SpaceX, to Texas yesterday. Musk’s move comes just weeks after a Delaware Court of Chancery Judge revoked his $56 billion pay package that was approved by Tesla Shareholders in 2018. ” Musk said.

Delaware 131
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Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P

Green Car Congress

Permian Resources Corporation and Earthstone Energy entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 Permian Resources expects to realize significant DC&F savings in the Delaware Basin through improved efficiencies and lower cost structure.

Delaware 195
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Tesla is one step away from incorporating its business to Texas

Teslarati

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. Why did Tesla incorporate in Delaware? It now seems he has one foot out the door.

Texas 135
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Vivek Ramaswamy calls Elon Musk’s Tesla pay package situation ‘a threat to capitalism’

Teslarati

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Presidential Candidate Vivek Ramaswamy has commented on the situation involving Elon Musk and his pay package that was rescinded by a Judge in Delaware.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.”

Delaware 142
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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

Corporate executives mentioned it might additionally lift $500 million in the future via present credit score and mortgage guarantees. The corporate confronted delisting from Nasdaq as a result of its accumulation used to be buying and selling beneath $1. However the proportion worth has recovered to related at $1.38

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Tesla investors to vote on Texas incorporation, ratification of Musk’s 2018 comp plan at 2024 annual meeting

Teslarati

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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