Teslarati

JUNE 13, 2024

Texas Governor Greg Abbott expressed his support to Elon Musk and Tesla after the CEO noted on X that TSLA investors are on track to ratify his 2018 CEO Performance Award and approve the electric vehicle maker’s proposed redomestication from Delaware to Texas. Don’t hesitate to contact us with news tips.

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Teslarati

JULY 26, 2022

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. Musk’s legal team noted that it had tried to begin the discovery process after McCormick’s decision last week, but Twitter had so far been uncooperative.

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Teslarati

JULY 10, 2022

Twitter Board Chairman Bret Taylor announced that the social media company would pursue legal action to ensure Elon Musk seals his $44 billion deal. Inside sources told Reuters that Twitter plans to file a lawsuit this week in Delaware. The social media company intends to force Musk to complete the merger through legal action.

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Teslarati

MAY 29, 2024

As could be seen in Denholm’s letter , Texas is already the business home for Tesla, so it only makes sense to make the Lone Star state into the company’s legal home as well. We need to make it our legal home, too. Over the last several years it has become clear that Delaware is no longer the right jurisdiction for us.

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Baua Electric

JUNE 17, 2024

Following Tesla shareholders voting again for Musk’s 2018 CEO compensation plan last week, the automaker’s lawyers now have to explain to the Delaware judge how this impacts the case that rescinded the compensation. Tesla is asking the parties involved in Elon Musk’s CEO compensation case to interpret shareholders’ ratification last week.

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Teslarati

JUNE 12, 2024

Tesla also highlighted its stance on Elon Musk’s 2018 CEO Performance Award and the company’s proposed redomestication from Delaware to Texas. However, back in late January 2024, a Delaware judge rescinded Musk’s 2018 CEO Performance Award. Don’t hesitate to contact us with news tips. CT tonight.

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Baua Electric

MAY 29, 2024

Tesla has successfully reassured a Delaware judge that its attempted incorporation move to Texas won’t affect Elon Musk’s CEO compensation case. The lawyers for the plaintiffs filed to accelerate the case, which is set for a hearing on July 8 to address the ridiculously high $6 billion legal fee they are asking for.

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Teslarati

APRIL 18, 2024

The filing came with a letter written by Chairperson Robyn Denholm, who wrote that the Tesla Board disagreed with the Delaware Court’s ruling on Musk’s 2018 pay package. “We do not think that what the Delaware Court said is how corporate law should or does work. . Musk’s pay package has a maximum value of $55.8

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Teslarati

MARCH 7, 2024

Is the law firm behind the legal complaint that ultimately rescinded Elon Musk’s 2018 pay package looking to get overpaid? The case was filed by a thrash metal drummer and car enthusiast, Richard Tornetta, who held nine TSLA shares when the legal complaint was filed. A growing number of Tesla shareholders say so.

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Teslarati

MAY 12, 2024

Tesla investors currently have the chance to vote on a number of proposals for the company’s upcoming shareholder’s meeting, with CEO Elon Musk’s 2018 pay package hanging in the balance after it was struck down by a Delaware judge. ” What are your thoughts?

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The Truth About Cars

MAY 28, 2024

The consideration comes after a 2018 package was nixed in a Delaware court. Musk and the board both believe that they’d have fared better in a Texas courtroom, though a vote to approve the latest package doesn’t guarantee that there won’t be further legal battles, even in the Lone Star State.

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Teslarati

APRIL 17, 2024

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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Teslarati

FEBRUARY 5, 2024

Thousands of retail Tesla ( NASDAQ:TSLA ) investors have banded together to express their support of CEO Elon Musk’s and his 2018 compensation plan, which was rescinded by a Delaware judge last week. The group also expressed their support to the idea of Tesla moving its state of incorporation from Delaware to Texas. The post Over 5.8k

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Electric Cars Report

AUGUST 8, 2023

The decision to file for bankruptcy was made on a voluntary basis within the jurisdiction of the District of Delaware, where the company is legally incorporated. Commercial vehicle electrification company Proterra filed for Chapter 11 bankruptcy protection on Monday.

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Teslarati

JUNE 12, 2024

While the Florida Pension Board voted for the ratification of Elon Musk’s 2018 CEO Performance Award, the board voted against the proposed redomestication of Tesla from Delaware to Texas. “Not in shareholders’ best interests and may provide uncertain benefits and additional legal risks.

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Teslarati

SEPTEMBER 16, 2022

According to the CEO’s legal team, Twitter’s alleged decision to conceal flaws in its data security — as highlighted by whistleblower and former Twitter security chief Peiter “Mudge” Zatko — amounted to fraud and a breach of contract by the social media company. . Don’t hesitate to contact us with news tips.

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Teslarati

AUGUST 11, 2022

Tesla CEO Elon Musk’s legal team has alleged that Twitter is hiding the names of workers calculating bot users. Musk’s legal team has submitted a letter to Delaware Chancery Court Judge Kathaleen St. Twitter has so far not issued a statement about the recent filing from Musk’s legal team. per share. .

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Teslarati

JULY 8, 2022

In a letter , Musk’s legal team stated that despite the Tesla CEO’s requests for critical data on the social media platform’s users, Twitter had been uncooperative. The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement.

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Teslarati

AUGUST 25, 2022

.” At the same time, 14 states, including Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Washington, and the District of Columbia, follow CARB standards as well, meaning that regulation regarding ICE sales would be far-reaching.

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Baua Electric

MAY 28, 2024

Tesla incorporated in Delaware, like many other American companies, because the states has laws extremely favorable to corporations. And Tesla will need better luck because the new shareholder’s vote on the compensation package doesn’t automatically invalidate the judge’s decision to rescind the package and more legal challenges are expected.

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Baua Electric

FEBRUARY 1, 2024

Earlier this week, a judge in Delaware, where Tesla is incorporated, sided with a Tesla shareholder who filed a lawsuit that claimed Tesla’s board misled investors when presenting its 2018 CEO compensation plan. Why was Tesla in Delaware in the first place? Tesla has nothing to do with Delaware.

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Teslarati

SEPTEMBER 12, 2022

The legal tensions between Tesla CEO Elon Musk and social media company Twitter continue to rise. In their letter on Friday , Musk’s legal team argued that Twitter violated its merger agreement with the Tesla CEO when it paid a confidential settlement to its former security chief. Don’t hesitate to contact us with news tips.

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Teslarati

JULY 27, 2022

Elon Musk’s legal team calls out Twitter over alleged pretrial delays. Company Chairman Bret Taylor said, “The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. I’d love to hear from you!

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Teslarati

SEPTEMBER 29, 2022

Twitter’s legal team has claimed that even consultants hired by Elon Musk himself were not able to verify the CEO’s estimates that the social media platform had significantly more spam and fake accounts than Twitter’s public estimates. Don’t hesitate to contact us with news tips.

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Teslarati

JULY 18, 2022

A new report from the New York Post , which lists “a source close to the case,” says the purpose of the Musk countersuit is to push a Delaware Court of Chancery judge to grant lawyers for the Tesla CEO to gather information about Twitter’s bot population, which is the main reason Musk would like to pull out of the suit.

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Teslarati

MAY 20, 2024

As the latest in Tesla’s efforts to get shareholders to vote in favor of the re-incorporation plan and Musk’s previously approved pay package, the company’s main account on X shared a new video on Monday, once again encouraging investors to vote in favor of the proposals.

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Teslarati

AUGUST 8, 2022

Musk and Twitter are currently engaged in what is shaping up to be a bitter legal battle. Both sides are headed to a trial in a Delaware court this coming October. Musk shared his thoughts about his ongoing legal battle against Twitter in a series of tweets over the weekend. Don’t hesitate to contact us with news tips.

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Teslarati

OCTOBER 19, 2022

A Delaware court has directed Elon Musk, the CEO of Tesla Inc., As noted in a Bloomberg News report, the social media company updated its employee FAQ page this week. This sparked a string of legal disputes between the two sides. . Don’t hesitate to contact us with news tips.

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Teslarati

JANUARY 26, 2024

You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com. I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. The post Tesla can rebound with these 10 turnaround ideas: Wedbush appeared first on TESLARATI.

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Teslarati

JULY 17, 2023

It is a new legal action that comes in response to a lawsuit that Cap-XX filed against Maxwell in 2019 for the same claims. ” The lawsuit was filed in the Eastern District of Texas, but the 2019 lawsuit that Cap-XX filed against Maxwell was brought about in Delaware. That case is still ongoing. Let me know your estimates!

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Teslarati

OCTOBER 5, 2022

legal filing made public on Wednesday revealed that Elon Musk and Twitter’s trial would proceed on Monday, October 17, 2022. Despite his decision, Chancellor Kathaleen McCormick of the Delaware Chancery Court wrote in a recent legal filing that neither Elon Musk nor Twitter has filed for a stay with the court.

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Teslarati

NOVEMBER 18, 2021

CEO Elon Musk said during a legal case in Delaware regarding the acquisition of SolarCity that Tesla would produce between 30,000 and 35,000 units in Q3. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com. Demand stood at around 80,000 units.

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Baua Electric

JULY 27, 2023

Lordstown has denied legal responsibility and stated it spent hundreds of thousands of greenbacks to independently create designs and era for the Continuity, or worn alternative resources that didn’t contain Karma. Chapter Courtroom for the District of Delaware. Karma seeks $913.2 The chapter is Lordstown Motors Corp., 23-10831, U.S.

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Teslarati

NOVEMBER 15, 2022

During the first day of a week-long trial in a Delaware court, a Tesla director and a former executive testified in favor of Elon Musk’s high-risk, high-reward compensation package. Chancellor Kathaleen McCormick of Delaware’s Court of Chancery will be deciding the case. Don’t hesitate to contact us with news tips.

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Teslarati

JULY 12, 2021

Elon Musk has made his opening remarks in a Wilmington, Delaware, courthouse on Monday morning, defending Tesla’s $2.6 ” Ultimately, legal experts indicate that Judge Slights will be looking for any sort of evidence that would conclude Musk threatened directors or board members to decide in favor of purchasing SolarCity.

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Baua Electric

MAY 27, 2024

Tesla incorporated in Delaware, like many other American companies, because the states has laws extremely favorable to corporations. And Tesla will need better luck because the new shareholder’s vote on the compensation package doesn’t automatically invalidate the judge’s decision to rescind the package and more legal challenges are expected.

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Teslarati

JULY 15, 2021

Tesla CEO Elon Musk is currently in a Delaware courtroom where he is defending the company’s acquisition of SolarCity after various shareholders felt Musk might have forced Tesla board members into voting toward the motion that would see the companies combine.

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