The investors said Musk, one of the world’s richest people, could also repay the value of the stock to the company. A Delaware judge should order Elon Musk to repay $9.4 billion to Tesla Inc for the benefits he received by pushing the electric vehicle maker in 2016 to buy an ailing solar company he… Continue reading Investors argue Musk should repay $9.4 bln to Tesla for SolarCity deal
Tag: Tesla
Investors argue Musk should repay $9.4 billion to Tesla for SolarCity deal
Tesla CEO Elon Musk reacts to onlookers as he departs after taking the stand to defend Tesla Inc’s 2016 deal for SolarCity in a case before the Delaware Court of Chancery in Wilmington, Delaware, U.S. July 12, 2021. REUTERS/Jonathan Ernst WILMINGTON, Del., Oct 4 (Reuters) – A Delaware judge should order Elon Musk to repay… Continue reading Investors argue Musk should repay $9.4 billion to Tesla for SolarCity deal
Autos & Transportation · 3:59 PM UTCGM, Ford to settle suit over use of ‘BlueCruise’ name for hands-free drivingGeneral Motors Co and Ford Motor Co ha…
WASHINGTON, Oct 4 (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) have agreed to settle a legal battle over the latter’s use of the name “BlueCruise” to market its hands-free driving technology. In a notice filed in court late on Friday, the two automakers said they are in the “process of settling… Continue reading Autos & Transportation · 3:59 PM UTCGM, Ford to settle suit over use of ‘BlueCruise’ name for hands-free drivingGeneral Motors Co and Ford Motor Co ha…
Tesla claims Rivian is stealing ‘trade secrets’ about its ‘next-gen battery’ in expanding lawsuit
Tesla, which is already suing Rivian and former employees hired by the electric pickup truck startup, is expanding its lawsuit against the company. It now claims that Rivian is stealing its “trade secrets” about battery technology. Rivian has been one if not the most serious electric vehicle startup since Tesla, and part of why the… Continue reading Tesla claims Rivian is stealing ‘trade secrets’ about its ‘next-gen battery’ in expanding lawsuit
Autos & Transportation · 9:31 AM UTCAudi CEO sees chip shortage as ‘perfect storm’ but will get through itPremium car brand Audi, Volkswagen’s biggest…
Markus Duesmann, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany, March 21, 2018. REUTERS/Michael Dalder FRANKFURT, Oct 4 (Reuters) – Premium car brand Audi, Volkswagen’s (VOWG_p.DE) biggest profit contributor, has to troubleshoot on a day-to-day basis to tackle an ongoing shortage of auto chips, its chief executive… Continue reading Autos & Transportation · 9:31 AM UTCAudi CEO sees chip shortage as ‘perfect storm’ but will get through itPremium car brand Audi, Volkswagen’s biggest…
Tesla (TSLA) announces Q3 2021 deliveries: a new record of 241,300 electric cars
Today, Tesla (TSLA) released its Q3 2021 delivery and production numbers – confirming it achieved again new records. The automaker managed to deliver 241,300 electric vehicles during the last quarter. Earlier this month, we reported on CEO Elon Musk telling employees in a company-wide call that “‘this is the craziest month of deliveries Tesla (TSLA)… Continue reading Tesla (TSLA) announces Q3 2021 deliveries: a new record of 241,300 electric cars
China Roundup: Tesla rival Nio expands into Norway, and other news
Also, ByteDance invests in an unmanned industrial vehicle firm, and Chinese tech stocks decline amid a government crackdown on the industry. Go to Source
Android Auto now works in Tesla vehicles through the browser
A developer managed to get Android Auto working in Tesla vehicles through the web browser and an app on Google Play. One of the most requested features by Tesla owners is enabling phone mirroring apps like Android Auto and Apple Carplay. At one point, CEO Elon Musk said that Tesla was working on phone projection… Continue reading Android Auto now works in Tesla vehicles through the browser
Honda to enter satellite launch business by 2030
TOKYO — Honda Motor will launch a test rocket by 2030 as it looks to enter the small satellite launch business, the Japanese car company announced Thursday, applying combustion-engine and other automotive technologies to new areas, even as the car industry shifts to electric vehicles. The satellite launch business is heating up and includes startups… Continue reading Honda to enter satellite launch business by 2030
Atlis reveals prototype of XT heavy-duty electric pickup truck – Motor Authority
Atlis Motor Vehicles recently unveiled a prototype of its XT electric pickup truck, reiterating claims of a range of 500 miles and a 15-minute recharge time. The startup, which has relied heavily on crowdfunding so far, announced the XT in 2019. At the time, it said the pickup would start production as soon as 2020.… Continue reading Atlis reveals prototype of XT heavy-duty electric pickup truck – Motor Authority