Elon Musk & SEC reach social media agreement
Twitter, Elon and the courts: Tesla CEO Elon Musk and the US SEC have reached an agreement in the bizarre legal battle surrounding his use of Twitter for company statements. The judge has now decided that Musk may no longer use his “personal” platform to publish information that could affect Tesla’s stock value, including production […]
Restraining order for Tesla
Once again Tesla is caught up in the dealings of speculative short sellers banking on short-term profits. The short sellers are said to have discussed deliberately causing collisions to discredit the EV maker. Tesla also obtained an injunction against a short seller who apparently harassed and stalked employees.
Nio gets hit by lawsuits
The Chinese EV manufacturer is facing a class action lawsuit from their investors in the U.S, who are unhappy that Nio gave up on their plan to build a factory in Shanghai, as well as making misleading claims about the impact of the updated Chinese subsidy situation and the slower-than-expected deliveries of their electric SUV.
Tesla claims discrimination by NY courts
The Californian EV manufacturer says they face discrimination by New York’s infrastructure policies, as they only provide initiatives for providers that support both CHAdeMO and CCS. Clearly Tesla does not feel they should have to upgrade their chargers.
Arnold Schwarzenegger to sue Big Oil for murder
First degree murder he cries, the former action star turned governor turned climate hero Arnold Schwarzenegger. To put his money where his mouth is he wants to file a lawsuit against petrochemical corporations in the style of past class action lawsuits against tobacco firms.
Toyota in legal trouble as software damages fuel economy
The public eye does not look favourably on issues surrounding software fixes since the diesel scandals became known. Now, Toyota is facing a court order from angry owners in Los Angeles, who had turned in their cars for a safety recall, and received them back with a worse fuel economy.