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Tesla loses Head of Legal who oversaw internal purchasing probe

Teslarati

Tesla has lost its Head of Legal, David Searle, who reportedly left his position at the automaker less than a month ago. Searle oversaw an internal purchasing probe during his final days at the company before leaving. Several employees were reportedly terminated due to the purchase. Eskin has been with Tesla since 2017.

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

Green Car Congress

Nikola Corporation announced that an institutional investor has agreed to make a $200-million investment in Nikola through the purchase of Convertible Senior Notes. Funds advised by Antara Capital LP have agreed to purchase $200 million aggregate amount of 8.00% / 11.00% Convertible Senior Notes due 2026.

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Minda Corporation, Pricol to present arguments to CCI over stake acquisition | Autocar Professional

Baua Electric

Minda Corporation and Pricol Ltd. “The communication sent by CCI has provided our company with an opportunity to represent our views on the matter,” Minda Corporation stated in a regulatory filing. This obligation only applies to Minda Corporation and not the target company, Pricol. transfer of shares) takes place.

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General Motors to Move from Long-Running Detroit HQ Into a New Location Across Town

The Truth About Cars

General Motors recently announced a move from the Renaissance Center (RenCen), the building it purchased in 1996, to a new location at the Hudson’s Detroit building further north. He did say that GM’s executives and corporate offices, including finance, legal, and other departments would make the move. million square feet.

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Koch invests $252M in Compass Minerals to support development of lithium brine project in Utah; ESM for DLE

Green Car Congress

Compass Minerals expects to use the remaining $52 million of proceeds from the KM&T investment, less transaction expenses, to reduce debt, representing a significant step toward aligning the company’s capital structure with its corporate growth strategy. Jones Day acted as legal advisor for KM&T.

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U.S. Senator calls for SEC to investigate Tesla Board for ‘failure to manage’ Elon Musk

Teslarati

” Warren penned a letter on Thursday morning that aims to raise awareness of Musk’s actions since purchasing Twitter, now called X, and the Tesla Board’s failure “to uphold its legal duty to ensure that Mr. Musk acts in the best interest of Tesla.” ” “Mr.

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Does planting trees generate sufficient carbon credits?

Innovation News Network

In order to somewhat counteract the CO2 emissions they produce, various major corporations globally purchase what are known as carbon credits. Carbon credits legally enable companies to emit certain quantities of CO2 as […] The post Does planting trees generate sufficient carbon credits?

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