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Major Tesla shareholder criticizes Elon Musk amidst pay vote

Teslarati

After a Delaware judge ruled in favor of a shareholder in a lawsuit in January, officially voiding Musk’s 2018 compensation package worth $55.8 KoGuan also called Musk a “magician,” his supporters “brainless suckers,” and he referred to the proposed package as a “robbery attempt.”

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Dept. of Interior to auction nearly 80,000 acres offshore Maryland for wind energy development

Green Car Congress

To date, the DOI’s Bureau of Ocean Energy Management (BOEM) has awarded five commercial wind energy leases off the Atlantic coast: two non-competitive leases (Cape Wind in Nantucket Sound off Massachusetts and an area off Delaware) and three competitive leases (two offshore Massachusetts-Rhode Island and another offshore Virginia).

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VeraSun Obtains $280M “Stalking Horse” Bid from Valero for Six Ethanol Facilities; Seeking to Sell All Assets

Green Car Congress

VeraSun and 24 of its subsidiaries filed petitions for relief under chapter 11 of the US Bankruptcy Code in the US Bankruptcy Court in Wilmington, Delaware on 31 October 2008. Earlier post.). VeraSun hedged its corn purchases during the price spike in the summer of 2008 when cost per bushel had soared to nearly $8.

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Tesla hit with new lawsuit over Musk’s stock sale Twitter poll, Warren Tweets

Teslarati

Filed in the Delaware Chancery Court, the lawsuit accuses Musk of Tweeting in a manner that could affect the value of Tesla stock. Under Delaware law, shareholders of a public company who “credible suspect corporate wrongdoing” have the right to inspect these documents. The case is Wagner v. Tesla Inc. ,

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Lordstown recordsdata for chapter, sues Foxconn

Baua Electric

electrical truck producer did not get to the bottom of a dispute over a promised funding from Taiwan corporate Foxconn. Lordstown, named later the Ohio the town the place it’s based totally, filed for Bankruptcy 11 coverage in Delaware and concurrently took felony motion towards Foxconn.

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Tesla 2024 Annual Shareholder Meeting transcript: June 13, 2024

Teslarati

Speaking: Tesla General Counsel and Corporate Secretary Brandon Erhart, Board Chair Robyn Denholm, CEO Elon Musk, and other executives and analysts 2024 Annual Shareholder Meeting held on Thursday, June 13 Brandon Erhart: Welcome to Texas, the home of Tesla. We presented a similar proposal in 2021.

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