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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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Update: Elon Musk’s letter to Twitter

Teslarati

The foregoing description of the letter is qualified in its entirety by reference to the full text of the letter, a copy of which is attached here to as Exhibit S and incorporated herein by reference.” ” Exhibit S is the aforementioned letter. ” Exhibit S is the aforementioned letter. Your feedback is important.

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Lucid board greenlights CEO Peter Rawlinson’s $6 million cash bonus

Teslarati

Musk’s sentiments may be reasonable considering that Rawlinson is very well paid compared to other auto CEOs.

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Tesla Tequila limited edition bottle, glass set sold out lightning fast

Teslarati

The Tesla Tequila limited edition set references the inside joke at least twice. Tesla does not offer refunds for Tesla Tequila purchases. Ever since Musk’s tweet, 420 has become an inside joke among people in the Tesla community — although many people might know of it by now. First, there’s the price.

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Tesla price targets drop for varying reasons, but some feel like a reach

Teslarati

Tesla is doing that with the Model 3 with the release of the “Highland,” if that is what it can be referred to as. The Civic, for example, is just one of many vehicles to be developed in “generations,” and every few years, it gets a new look and some new features.

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SunPower files for Chapter 11 bankruptcy

Baua Electric

In its bankruptcy filing with the Delaware court late Monday, SunPower reported its assets and liabilities to be between $1 billion and $10 billion. The term “stalking horse” refers to an initial bid on a bankrupt company’s assets, setting a minimum price that other bidders have to exceed.

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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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