News & Analysis as of

Tesla

Your Daily Dose of Financial News

by Robins Kaplan LLP on

One might think that Tesla shareholders would be thrilled with yesterday’s news that Elon’s car-making arm has surpassed even GM in market value. True, perhaps, but only to a point. Turns out that Tesla’s recent surge has...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Wells Fargo’s board not only issued a massive report on its fake account scandal yesterday. It also announced that the bank would claw back an additional $75 million from former CEO John Stumpf and former head of community...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Navient Corp., facing CFPB allegations that it didn’t live up to its promises of helping its 12 million customers manage their loans, now has a two-faced problem after a recently filed motion to dismiss in which it argued...more

Renewable Energy Update - March 2017 #5

by Allen Matkins on

Renewable Energy Focus - California is shattering solar records. This bill could take renewable energy to the next level. The Desert Sun - Mar 27 - With the costs of solar continuing to fall, and wind...more

Nikola Tesla Invented E-Discovery Technology in 1938, According to Newly Discovered Journal Now Housed at ACEDS

by Exterro, Inc. on

In a stunning discovery earlier this year, a journal belonging to famed inventor Nikola Tesla was discovered when custodial staff were cleaning out the basement at the New Yorker Hotel, Tesla’s residence from 1934 until his...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Greenlight Capital’s David Einhorn is pushing GM to split its common stock into two classes—one for dividends and the other for all additional earnings—in an effort to boost the carmaker’s market cap. GM’s not on board....more

Employment Law Navigator – Week in Review: March 2017

by Zelle LLP on

Last week, sexual harassment and sex discrimination received significant media attention. The Washington Post revealed statements made by 250 current and former employees of Sterling Jewelers, parent company to Kay Jewelers...more

What Do Autonomous Vehicles Portend for Commercial Auto Insurance?

If you weren’t already convinced, this Drive.ai video of a self-driving system demonstrating an extended drive, at night, in rainy conditions, without human intervention, shows how close we may be as a society in which human...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

A collection of corporate heavy hitters are betting big on the blockchain technology behind bitcoin rival Ethereum to build a computing system to track data and financial contracts. The project is seen by some as a way to...more

Shareholders Seeking Books and Records Must Demonstrate Credible Basis to Infer Wrongdoing

by Bracewell LLP on

On February 2, 2017, the Delaware Court of Chancery reaffirmed that shareholders seeking to inspect the books and records of Delaware corporations must demonstrate a credible basis to infer corporate wrongdoing. Accusations...more

Court Of Chancery Holds That Wrong Forward Looking Statement Insufficient To Support Records Inspection

by Morris James LLP on

It is not enough that certain forward-looking statements failed to come true to justify requiring an inspection of corporate records. More evidence of wrongdoing is needed if your inspection is based on a theory of...more

Renewable Energy Update - February 2017

by Allen Matkins on

Renewable Energy Focus - Senator Stern proposes clean-energy storage push - Santa Clarita Valley Signal - Jan 30 - State Senator Henry Stern on Monday announced a proposal to “double down” on clean-energy...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Unfortunately enough for Deutsche Bank, 2017 isn’t starting off much better than the previous year. The German banking giant has agreed to pay a $425 million fine to NY state authorities (and another $204 million to the UK’s...more

Renewable Energy Update - January 2017

by Allen Matkins on

Renewable Energy Focus - Solar industry tackles financial barriers by merging two key organizations - Greentech Media - Jan 4 - The alphabet soup of solar industry organizations just got a little bit less...more

Locked in Sixty Seconds: Ransomware, Remote Access, and the Brave New Internet of Things

by Poyner Spruill LLP on

A few months ago, we analyzed ransomware incidents and offered some suggestions for handling an episode. Ransomware is a cyberattack in which a hacker uses malware to take control of computer systems. The system owner is...more

MIT: Energy Ventures 10 Year Anniversary Top 10 Moments – Moment #9

As Sponsors of MIT’s Energy Venture Alumni Event, celebrating the past 10 years, Mintz Levin’s attorneys are taking this opportunity to countdown the top 10 moments in energy which they feel impacted the industry and their...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

On the Hill yesterday, Fed Chair Yellen acknowledged that the recent election would likely mean changes for the economy, but she said it was “too soon” to predict the nature of that economic impact at this time (though that...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

And we thought Brexit was something. Buckle up. It’s going to be a wild market ride... Whoa....more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

In a closely watched battle over the DOL’s new fiduciary rule for retirement account investment advisers, the Labor Department has scored an early first victory. A DC federal judge ruled late last week that the rule at issue...more

Autonomous Vehicle Business Models: How Will You ‘Own’ One?

by LeClairRyan on

Google, Uber, and several major automakers are working to bring autonomous vehicles (i.e. self-driving cars) to the marketplace. In mid-October 2016, Tesla announced that three of its models will be fitted with all the...more

Sustainable Development Update - November 2016

by Allen Matkins on

Sustainable Development Focus - Santa Monica votes in world's first zero net energy building requirement - Proud Green Building - Oct 20 - The Santa Monica City Council voted this week to approve an...more

A Self-Driving Car for $8,000 (well, sort of)!!

by Freeborn & Peters LLP on

While much work still needs to be completed to validate the self-driving features and confirm all the necessary regulatory approvals, Tesla will offer purchasers the ability to order a self-driving capability package when...more

Feds give green light, unroll red tape for autonomous vehicles

by Dentons on

Federal transportation regulators have given the green light to autonomous vehicles, accelerating an already brisk race among technologists and car manufacturers to remove human operators from the driver's seat....more

Lemon Laws: Potentially a Sour Future for Manufacturers of Autonomous Vehicles

by Varnum LLP on

Lemon laws have existed for several decades to protect consumers from permanently defected vehicles. Though they may vary state to state, lemon laws generally require manufacturers to replace or reimburse consumers for...more

Your daily dose of financial news - The Brief – 9.28.16

by Robins Kaplan LLP on

It wasn’t exactly a direct reaction to his testimony on the Hill, but Wells Fargo CEO John Stumpf didn’t do himself any favors there, and Wells Fargo’s Board has announced that it will claw back an estimated $41 million in...more

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