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Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
Posted inCompensation for Damages (Law) Decisions and Verdicts Delaware Electric and Hybrid Vehicles McCormick, Kathaleen St J Musk, Elon Stocks and Bonds Tesla Motors Inc

Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules

The judge said she would not reverse her decision to strike down the compensation package after Tesla shareholders approved Mr. Musk’s pay a second time.
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Posted by By Peter Eavis and Jack Ewing
G.M. Will Sell Stake in EV Battery Plant to LG
Posted inAutomobiles Batteries Biden, Joseph R Jr Electric and Hybrid Vehicles Factories and Manufacturing General Motors Lansing (Mich) LG Energy Solution Presidential Election of 2024 Samsung Group Trump, Donald J

G.M. Will Sell Stake in EV Battery Plant to LG

LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
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Posted by By Jack Ewing
Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
Posted inBatteries Electric and Hybrid Vehicles Factories and Manufacturing kokomo (Ind) Samsung Group Stellantis NV

Stellantis and Samsung Will Get $7 Billion to Build Battery Factories

The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
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Posted by By Jack Ewing
BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
Posted inAutomobiles BYD Co Ltd China Electric and Hybrid Vehicles International Trade and World Market

BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War

China’s electric vehicle market is the world’s largest — and also its most cutthroat, with dozens of brands jostling for position.
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Posted by By Claire Fu and Daisuke Wakabayashi

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