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Man sentenced to more than 12 years in prison for selling $9 million in fraudulent renewable fuel credits

Green Car Congress

When asked to explain his method of production, Hailey falsely stated that he paid employees and contractors to recover waste vegetable oil from 2,700 restaurants in the “Delmarva” area, a peninsula that includes parts of Delaware, Virginia and Maryland, and bring it to his production facility where he converted it to bio-diesel fuel.

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Elon Musk makes opening remarks in SolarCity trial, defends Tesla’s $2.6B acquisition

Teslarati

Elon Musk has made his opening remarks in a Wilmington, Delaware, courthouse on Monday morning, defending Tesla’s $2.6 The lawsuit indicates that Musk applied heavy pressure on Tesla’s board to purchase SolarCity back in 2016, as the company was running low on cash and was likely headed for bankruptcy.

Legal 145
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Elon Musk’s legal team: Twitter ordered whistleblower to destroy evidence

Teslarati

In his whistleblower complaint , Zatko accused Twitter of several shortcomings in the handling of user’s personal data, among others. McCormick of the Delaware Chancery Court put Musk and Twitter’s case on hold last week. Musk changed course last week, however, when he consented to purchase Twitter at a price of $54.20

Legal 143
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The US’ EV incentives are being updated: Here’s some useful tips

Teslarati

Many states determine eligibility by fuel type, class of vehicle, whether the vehicle is new or used, and how the vehicle will be used (commercially or personally). Some of the most significant incentives exist or will exist, in Colorado, Connecticut, Illinois, Delaware, and Maryland.

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Tesla’s $2.6bn SolarCity acquisition lawsuit ruled in favor of Elon Musk

Teslarati

A lawsuit between Tesla Shareholders and Elon Musk ended on Wednesday with a Delaware court ruling in favor of CEO Elon Musk. billion price tag for the acquisition of SolarCity after they claim he applied heavy pressure on Tesla’s board to purchase the company. .” ” Shareholders requested that Musk repay the $2.6

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Study finds V2G-capable electric school buses cost-effective with current technology; financial and environmental benefits

Green Car Congress

In all cases, purchasing an electric school bus is consistently a net present benefit. Driving behavior was estimated based on data collected by the Red Clay School District in Delaware. If the entire school district’s fleet switched to V2G-capable electric buses, the net present savings would be upwards of $38 million.

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Major pension fund tells Tesla investors: vote against Musk’s $55B pay package

Baua Electric

It also points out that the reimplementation of the package was decided on in a rushed manner by a single director, which it calls “recklessly fast,” echoing the Delaware Court’s prior decision. Electrek’s Take Personally, I think the letter makes good points. You can read the full letter as part of an SEC filing here.

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