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Elon Musk’s X explains legal claim against CCDH

Teslarati

X, Elon Musk’s social media platform that was formerly known as Twitter, has explained the rationale behind its decision to take legal action against the Center for Countering Digital Hate (CCDH). ’ Additionally, the CCDH has recently scraped X’s platform, which is a violation of our terms of service,” X wrote.

Legal 81
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Twitter pursues legal action to ensure Elon Musk seals $44B deal

Teslarati

Twitter Board Chairman Bret Taylor announced that the social media company would pursue legal action to ensure Elon Musk seals his $44 billion deal. The social media company intends to force Musk to complete the merger through legal action. Musk and plans to pursue legal action to enforce the merger agreement.

Legal 98
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Blackstone announces progress with printed battery cells

Green Car Congress

The first functional battery cells using printed electrodes has been successfully tested. The manufacturing process of the electrodes is energy-intensive and dangerous solvents are used. It covers a wide range of cell formats using different cathode and anode chemicals. These assembly systems are very special and expensive.

Batteries 468
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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

Green Car Congress

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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German minister Wissing starts international e-fuels dialogue

Green Car Congress

Our goal is to agree on uniform standards and a legal framework, to reduce the currently high costs and to increase production capacities. Legal and planning certainty are necessary prerequisites for industry and investors. The conference is focused on the potential of e-fuels and strategies for a successful market ramp-up.

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Automotive industry develops new guidance for measuring recycled content of automotive products

Green Car Congress

Sources of recycled content may include: R1: Material that has gone through another process (secondary process) prior to use with the same product, component, or manufacturing process. R2: Material recovered from a downstream manufacturing process or end user of the same or another product that is used in a manufacturing process.

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Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position

Green Car Congress

Nikola intends to use the net proceeds from the sale of the Notes along with its other liquidity sources for business expansion in the form of scaling truck manufacturing and tooling setup, accelerating the development of its hydrogen infrastructure, as well as for general corporate purposes. —Nikola CFO Kim Brady.

Convert 186