Remove Delaware Remove News Remove Price Remove Purchase
article thumbnail

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.

article thumbnail

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.

Price 106
article thumbnail

Twitter refuses Elon Musk’s renewed $44B bid

Teslarati

This news comes after reports of Elon Musk’s asking the Delaware court to halt the upcoming trial. He renewed his offer to purchase the social media network this week and shared a few details about his goals. He added that Twitter probably accelerates the new app by three to five years. Teslarati is now on TikTok.

article thumbnail

Tesla Tequila limited edition bottle, glass set sold out lightning fast

Teslarati

According to the support page, each customer was limited to only one bottle per purchase. Although, some buyers have mentioned purchasing more than one limited edition set. Tesla does not offer refunds for Tesla Tequila purchases. First, there’s the price. The buyer that receives the 420th set would have hit the jackpot.

article thumbnail

SunPower files for Chapter 11 bankruptcy [update]

Baua Electric

Photo: SunPower Solar developer SunPower filed for Chapter 11 bankruptcy protection in the US, but here’s some good news for its customers. August 6, 2024: In its bankruptcy filing with the Delaware court late Monday, SunPower reported its assets and liabilities to be between $1 billion and $10 billion.

Solar 52
article thumbnail

Elon Musk’s legal team: Twitter ordered whistleblower to destroy evidence

Teslarati

The documents reportedly had notes from Zatko’s meetings with Twitter associates during his tenure as the company’s security chief, according to a Bloomberg News report. McCormick of the Delaware Chancery Court put Musk and Twitter’s case on hold last week. Don’t hesitate to contact us with news tips.

Legal 115
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

Ford 98