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Elon Musk’s Tesla-SolarCity deal lawsuit win upheld by Delaware Supreme Court

Teslarati

The Delaware Supreme Court has upheld a lower court’s ruling that Tesla CEO Elon Musk did not push the electric car maker to overpay when it acquired rooftop solar provider SolarCity in 2016. As per the Delaware Supreme Court, however, the presentation of Slights’ ruling could probably have been done better. billion deal.

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Elon Musk sued in another ridiculous lawsuit from Tesla shareholder

Teslarati

It then states that Musk sold the shares at pumped prices and used the proceeds to purchase X, the social media platform that was once called Twitter. million, based on the stock price at the time of writing. ERSRI filed the suit on Tuesday in the Delaware Chancery Court. Tesla is incorporated as a company in Delaware.

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Twitter files suit against Elon Musk in Delaware court to enforce buyout deal

Teslarati

On Tuesday, July 12, Twitter officially filed a lawsuit against Elon Musk in the Delaware Court of Chancery. ” Twitter has filed a lawsuit in the Delaware Court of Chancery to hold Elon Musk accountable to his contractual obligations. The company aims to force Musk to finalize his $44 billion deal.

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Tesla price targets drop for varying reasons, but some feel like a reach

Teslarati

Tesla ( NASDAQ: TSLA ) price targets were dropped by several firms due to varying reasons, but some feel like a reach. Some of them that were spoken of were Tesla’s lack of annual guidance, no narrative on price cuts, and a general lack of strategy. Potter trimmed his price target to $225 from $295. This is one of them.

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Tesla shareholder sues Elon Musk accusing him of insider trading

Teslarati

“Musk exploited his position at Tesla, and he breached his fiduciary duties to Tesla,” a lawsuit from shareholder Michael Perry, which was filed in the Delaware Chancery Court last week, said. Investors could have potentially bought shares, driving the stock price upward, while Musk sold shares, according to Perry’s lawsuit.

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Tesla CEO Elon Musk roasts shareholder group that opposes his pay package — but made 11x on their investment

Teslarati

However, Tesla stock has increased in price exponentially since then — by more than 11x. Earlier this year, the pay package was denied and rejected by a Delaware Chancery Court judge. The move has also encouraged Tesla to leave the State of Delaware completely, with its most likely move to be an incorporation into Texas.

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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

It will additionally borrow towards its structures and alternative property to boost price range. The post Nikola turns to Delaware legislation to backup finance hydrogen pivot appeared first on Bauaelectric Auto News.