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Auto · 28 Jul 2022
Tesla Moves To Push Lawsuit Over Mass Layoffs Out Of Court
Tesla in a filing in federal court in Austin, Texas, where the company is based, said the workers who were terminated signed valid agreements to bring employment-related legal…
Auto · 28 Jul 2022
Judge Sets October Trial To Decide Musk’s $44 Billion Deal For Twitter
Lawsuit seeking to hold Elon Musk to his $44 billion takeover will go to trial in October.
Auto · 28 Jul 2022
Twitter To Hold Shareholder Vote On Musk’s Offer In September
The company’s plan, which was disclosed in a filing, comes as the world’s richest person prepares for a legal showdown with Twitter in October for walking away from…
Auto · 28 Jul 2022
Twitter Hits Back At Musk, Says No Deal Obligations Breached
The company has planned to sue Musk to force him to complete the deal, a threat he laughed off on Monday, when he sent a series of tweets…
Auto · 28 Jul 2022
Groundbreaking Judge Will Oversee Twitter’s Lawsuit Against Musk
Kathaleen McCormick took over the role of chancellor, or chief judge, last year after the retirement of Andre Bouchard on the Court of Chancery, a favored venue for…
Auto · 28 Jul 2022
India’s Ola Electric To Set Up $500 Million Battery Research Centre
The facility will house advanced labs and high-tech equipment for battery innovation, and is part of India’s push towards becoming a global electric vehicle hub, said Bhavish Aggarwal,…
Auto · 28 Jul 2022
Toyota Scales Back Texas Plant Output In Heatwave
The plant had scheduled five days of summer shutdown next week, and added two additional days due to a global semiconductor shortage, Toyota said. The seven days of…
Auto · 28 Jul 2022
F1 2022 Hungarian GP Preview: One Last Hurrah Before The Summer Break
The Hungarian Grand Prix will be the last race before Formula 1 heads into the three-week summer break.
Auto · 28 Jul 2022
Rolls-Royce Spectre EV Completes Second Test Phase On The French Riviera
Rolls-Royce completed the second test phase of the Spectre EV on the French Riviera, clocking 625,000 km in Southern France.
Auto · 28 Jul 2022
Brent Crude Settles Below $100/bbl On Higher Dollar, Weak Demand Outlook
Global benchmark Brent crude tumbled $7 on Tuesday to settle below $100 a barrel for the first time in three months on a strengthening dollar, COVID-19 curbs in…