Every EVXL story tagged “Delaware” — newest first.
The vote Tuesday night wasn’t close enough to stop anything, and everyone in the chamber knew it. Nashville’s Metro Council passed a resolution expressing concerns about The Boring Company‘s Music City Loop tunnel project 20 to 15, with 2 abstaining. The resolution has no legal force. It cannot delay tunneling or alter the route. It…
Elon Musk took the witness stand Wednesday in San Francisco federal court — wearing a black suit and tie, not a Tesla hoodie — to defend himself in a class-action securities fraud trial brought by former Twitter shareholders. The case centers on one of the messiest corporate deals in recent memory: Musk’s on-again, off-again, $44…
A federal appeals court has handed Tesla another courtroom loss, this time over a patent covering automated electric vehicle charging systems. The U.S. Court of Appeals for the Federal Circuit (CAFC) issued a split decision on February 26, affirming that Tesla failed to invalidate a patent held by Charge Fusion Technologies, LLC. The full ruling,…
When Tesla reincorporated from Delaware to Texas in June 2024, Musk told shareholders it was about escaping hostile courts. What he didn’t mention: Texas was already the home base for a personal empire of shell companies that blur the lines between his public and private interests in ways that should worry every Tesla investor. Texas…
The man who tweeted “Will own no house” in 2020 has quietly assembled more than 90 companies in Texas, used them to buy over 1,000 acres of land, two luxury hotel condos, and multiple houses for the mothers of his children. A New York Times investigation published today reveals just how far the gap has…
Tesla shareholders voted Thursday to approve CEO Elon Musk’s unprecedented $1 trillion compensation package, potentially making him the world’s first trillionaire—despite collapsing European sales, mounting brand damage from political controversies, and serious questions about whether the world’s largest executive pay package will solve any of Tesla’s actual business problems. The vote passed with
Tesla shareholders face an unprecedented decision Thursday as they vote on CEO Elon Musk’s nearly $1 trillion compensation package—with Board Chair Robyn Denholm warning that rejecting it could trigger Musk’s departure and send the company’s stock into freefall. The vote, taking place at Tesla’s annual meeting on November 6, has divided major institutional investors and…
Tesla Board Chair Robyn Denholm issued an urgent warning to shareholders today: approve Elon Musk’s nearly $1 trillion compensation package by November 5th, or risk losing him as CEO and watching Tesla collapse from AI/robotics pioneer into “just another car company.” The stark two-page letter, posted by Sawyer Merritt on X, frames the upcoming shareholder…
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