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Texas Governor Greg Abbott welcomes Tesla after reincorporation vote passes “Guaranteed Win” mark

Teslarati

Texas Governor Greg Abbott expressed his support to Elon Musk and Tesla after the CEO noted on X that TSLA investors are on track to ratify his 2018 CEO Performance Award and approve the electric vehicle maker’s proposed redomestication from Delaware to Texas. Others have also speculated that X might soon call Texas home as well.

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Tesla Giga Berlin critics are taking another stand with some new legal action

Teslarati

The NABU and the Green League have taken issue with the fact that Tesla was granted an early approval last month that gave the company permission to conduct limited tests of Gigafactory Berlin’s production equipment, including the facility’s paint shop. Elon Musk said as much during the recently-held second-quarter earnings call.

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Tesla investors to vote on Texas incorporation, ratification of Musk’s 2018 comp plan at 2024 annual meeting

Teslarati

The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas. Central Time (1:30 p.m. Pacific Time).

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Tesla Giga Berlin seems on track to start Model Y production later than Giga Texas

Teslarati

It may, however, result in Gigafactory Texas, a facility that started its buildout several months after the Germany-based factory, starting its Model Y production earlier than its Germany-based sibling. . The top priority is that the decision of the State Office for the Environment is ultimately legally secure. Gf4Tesla) July 11, 2021.

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Blue Origin files public comment asking FAA to cap SpaceX launches

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The Jeff Bezos-owned space exploration company Blue Origin has filed its latest legal action against Elon Musk’s SpaceX, this time requesting that an airspace regulator limit the number of launches the Musk-led company can perform in Florida. Blue Origin launches first crewed mission in over a year What are your thoughts?

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Tesla shareholders to vote on $56B pay package for Elon Musk (again)

Teslarati

If it is legally advisable, we suggest simply subjecting the original 2018 package to a new shareholder vote,” Denholm wrote. billion grant date fair value. billion grant date fair value. . “We do not think that what the Delaware Court said is how corporate law should or does work. billion and a $2.6

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Tesla posts final call to investors about 2024 Annual Stockholder Meeting proposals

Teslarati

Tesla also highlighted its stance on Elon Musk’s 2018 CEO Performance Award and the company’s proposed redomestication from Delaware to Texas. Interestingly, the shareholder’s legal team is currently requesting 29,402,900 TSLA shares — worth over $5 billion today — to be granted as their fee for the case.

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