Attorneys in Tesla Lawsuit Seek $6B in Legal Fees
Law
Attorneys in Tesla Lawsuit Seek $6B in Legal Fees
2024-03-04 21:32:59
by Tom Ramstack

WILMINGTON, Del. — Attorneys who succeeded in getting a Delaware court to void Elon Musk's $55 billion compensation package from Tesla, Inc. on Friday asked the court for about $6 billion in legal fees.  They want most of their money... Read More

Tesla Recalls Nearly All Vehicles Sold in US to Fix Autopilot System
Business
Tesla Recalls Nearly All Vehicles Sold in US to Fix Autopilot System

DETROIT (AP) — Tesla is recalling nearly all vehicles sold in the U.S., more than 2 million, to update software and fix a defective system that’s supposed to ensure drivers are paying attention when using Autopilot. Documents posted Wednesday by U.S.... Read More

Tesla Settles Shareholder Lawsuit for $735M Amid Political Backlash
Litigation
Tesla Settles Shareholder Lawsuit for $735M Amid Political Backlash
2023-07-17 20:17:56
by Tom Ramstack

WILMINGTON, Del. — Tesla Inc.'s board of directors agreed Monday to return $735 million to shareholders who sued them for reaping windfall personal income off of the company's revenue. The lawsuit accused the auto company’s top executives of getting "outrageous"... Read More

Elon Musk Depicted as Liar, Visionary in Tesla Tweet Trial
In The News
Elon Musk Depicted as Liar, Visionary in Tesla Tweet Trial

SAN FRANCISCO (AP) — Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of “regular people" or a well-intentioned visionary as attorneys delivered opening statements at a trial focused on a Tesla buyout that never... Read More

US Has Over 750 Complaints That Teslas Brake for No Reason
Business
US Has Over 750 Complaints That Teslas Brake for No Reason

DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on its partially automated driving systems have suddenly stopped on roadways for no apparent reason. The National Highway Traffic Safety Administration revealed the... Read More

Elon Musk Wins Suit Over Tesla Purchase of Rooftop Solar Company
Courts
Elon Musk Wins Suit Over Tesla Purchase of Rooftop Solar Company
2022-04-28 15:02:41
by Dan McCue

WILMINGTON, Del. — In a week in which his planned purchase of Twitter is dominating headlines, Elon Musk scored a victory of another sort on Wednesday, prevailing in a shareholder lawsuit over electric vehicle manufacturer Tesla’s purchase of SolarCity, a... Read More

Musk: I’ll Sell 10% of Tesla Stock Based on Twitter Poll
Business
Musk: I'll Sell 10% of Tesla Stock Based on Twitter Poll

SILVER SPRING, Md. (AP) — Tesla shares slumped in premarket trading on Monday after its CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations... Read More

Hertz Order for Teslas Ranks Among Biggest-Ever EV Purchases
Business
Hertz Order for Teslas Ranks Among Biggest-Ever EV Purchases

DETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology. The purchase by... Read More

US Opens Formal Probe into Tesla Autopilot System
Transportation
US Opens Formal Probe into Tesla Autopilot System

DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla's Autopilot partially automated driving system after a series of collisions with parked emergency vehicles.  The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the... Read More

Fiery Tesla Crash Being Investigated by Feds
Transportation
Fiery Tesla Crash Being Investigated by Feds
2021-04-21 14:43:54
by Tom Ramstack

Two federal agencies are investigating the fatal crash of a Tesla car on Saturday near Houston that burned for four hours as firefighters poured about 32,000 gallons of water on it. Local police said they are certain no one was... Read More

Tech Giants Try to Dismiss Lawsuit Accusing Them of Child Labor Violation
Litigation
Tech Giants Try to Dismiss Lawsuit Accusing Them of Child Labor Violation
2020-08-27 12:27:26
by Tom Ramstack

WASHINGTON -- Some of America’s technology giants are trying to get a federal judge to dismiss a lawsuit accusing them of promoting the use of children to mine cobalt for their lithium-ion batteries. Apple, Google, Microsoft, Dell and Tesla said... Read More

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