September 2022

Elon Musk pushes to end Twitter ‘muzzle’ from 2018 SEC settlement

Tesla CEO Elon Musk once again pushed for a term of his 2018 consent decree with the SEC to be thrown out. The 2018 settlement with the agency, which came after a settlement in relation to the CEO’s “funding secured” Tweet, required a company lawyer to pre-approve Musk’s Twitter communication. The “government-imposed muzzle” should be

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Hertz CEO shares insights on Tesla rental demand: “Very, very solid”

It appears that Hertz’s bet on electric vehicles like Teslas is paying off. During a recent interview, Hertz CEO Stephen Scherr highlighted that the all-electric vehicles in the company’s fleet of rental cars are seeing a lot of demand. Hertz made headlines almost a year ago when the American car rental giant placed an order

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Tata Motors launches an EV in India that only costs $10,000

Tata Motors launched the Tiago.ev all-electric hatchback in India today, which will only cost consumers a little more than $10,000 to buy. The vehicle is an all-electric take on its popular Tiago hatchback, and costs just 849,000 rupees, or $10,370, making it highly competitive in the market as its price is under the national average.

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Twitter argues Elon Musk’s data consultants were not able to verify CEO’s bot claims

Twitter’s legal team has claimed that even consultants hired by Elon Musk himself were not able to verify the CEO’s estimates that the social media platform had significantly more spam and fake accounts than Twitter’s public estimates.  During a hearing at a Delaware court on Tuesday, Twitter’s legal team noted that they received documents showing

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Polestar 3, the company’s first SUV, to be unveiled October 12

Polestar announced today that it would unveil its first all-electric SUV, labeled the Polestar 3, at an event in Copenhagen, Denmark, on October 12. Polestar is owned by Volvo and Geely Motors from China and has released several electric vehicle designs in the past several years. The Polestar 1 was the company’s first released vehicle,

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Shark Tank-backed Natrion unveils solid-state battery separator with near-zero fire risk

Mark Cuban-backed Natrion has unveiled its latest developments in solid-state battery manufacturing with the new LISIC278 separator in a traditional pouch cell. The separator allows for a higher thermal resistance than other EV batteries, decreasing the risk of fires and combustion. Additionally, the cell showed a 40 percent increase in the charge rate compared to

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DeLorean executives sued by Karma for pursuing venture during EV development

Several DeLorean executives are being sued by their former employer Karma Automotive for pursuing an outside venture while being told to find investors for electric vehicle development. Karma filed a lawsuit last month against DeLorean CEO Joost de Vries, Chief Operating Officer Alan Yuan, Chief Marketing Officer Troy Beetz, and Vice President Neilo Harris, who

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Tesla welcomes Airbnb co-founder Joe Gebbia to Board of Directors

Tesla (NASDAQ: TSLA) has officially welcomed Airbnb co-founder Joe Gebbia to its Board of Directors after departing the company this past Summer after 14 years. Tesla filed an 8-K with the SEC to reveal a new blog post to its website stating that Gebbia has joined Tesla’s Board of Directors, effective September 25. “Gebbia, a

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