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

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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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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. As of February 6, shares are down over 25 percent, and the slide truly started to get intense after the company’s Q4 Earnings Call. 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. Musk sold Tesla shares in late 2022 after stating demand for the company’s EVs was “excellent.”

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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. “They need a lot of money to be able to get into production of this kind of new technology.” The post Nikola turns to Delaware legislation to backup finance hydrogen pivot appeared first on Bauaelectric Auto News.

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Tesla shareholders to fight huge attorney fee in Musk pay case

Teslarati

Tesla shareholders are set to head to court this week to fight against attorney requests for billions in legal fees, as part of the case in which a Delaware judge voided CEO Elon Musk’s $56 billion compensation plan earlier this year. billion at Tesla’s Friday stock price. The system is broken. What are your thoughts?