According to a report from Reuters, American EV big Tesla is now experiencing a felony investigation from the Department of Justice. The legal investigation joins a collection of probes into…
Tag: claims
Twitter in court filing rejects Elon Musk’s claims as ‘implausible’
Twitter on Thursday filed a response to claims by billionaire Elon Musk that he has reputable reasons for seeking to again out of his $44 billion offer to purchase the…
Ford pays $19 million to settle claims on fuel economy, payload
SACRAMENTO, Calif. (AP) — Ford Motor Business on Tuesday settled claims by 40 U.S. point out lawyers normal that the organization produced deceptive statements about the gasoline overall economy and…
Nikola to pay $125 million to settle fraud charges as SEC cracks down on SPAC claims
Trevor Milton CEO of Nikola Massimo Pinca | Reuters Electrical truck maker Nikola has agreed to pay out the Securities and Exchange Fee $125 million to settle rates it defrauded…
GAC, Nio-backed EV start-up Hycan claims another funding round coming
Hycan CEO Yang Ying speaks with CNBC’s Evelyn Cheng during the 2021 East Tech West meeting in the Nansha district of Guangzhou, China. GUANGZHOU, China — Chinese electrical car commence-up…
Faraday Future looking into claims of inaccurate disclosures
Faraday Future’s FF 91 prototype electric powered crossover automobile is revealed at a press party for CES 2017 at The Pavilions at Las Vegas Market on January 3, 2017 in…
Buttigieg defends safety agency appointment after Musk claims she’s ‘biased’
Elon Musk voiced issues on Twitter over the recent appointment of Missy Cummings to a essential advisory role at the country’s best targeted visitors authority, but U.S. Transportation Secretary Pete…