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The lawyers who successfully argued that a massive pay package for Tesla CEO Elon Musk was illegal and should be voided have asked the presiding judge to award them company stock worth $5.6 ...
Tesla has agreed to place more than $5 million into a settlement fund, which will also cover attorney fees. The proposed settlement does not mention the safety allegations but focuses on the delay in making the promised features available to consumers. [104] The agreement was approved in November 2018. [105]
Tesla’s stock closed Friday at $202.64 per share, meaning the fee would be worth about $5.96 billion. Taking their pay in Tesla shares demonstrates they are prepared to “eat our cooking ...
Tesla has asked some of its suppliers for refunds in order to help it reach its profitability goal, the Wall Street Journal reported over the weekend, citing a memo sent to a supplier last week.
In the United States, various abuses using the return process allegedly cost retailers more than $9 billion annually. [9] One common practice is the use of the system in order to "borrow" the merchandise at no charge. The customer who engages in this practice purchases the item for temporary use, then returns it when finished.
The iPhone 5 is shipped with iOS 6, which was released on September 19, 2012. [34] Many of the iPhone 5 's features that work specifically with the included iOS 6.0 operating system only worked in certain territories on release. [36] Apple has said this is a rolling program, which will take longer to implement across more regions. [37]
The problem affected older Model S and X vehicles built until 2018.In an email to owners of such vehicles, Tesla said that it would refund the repair expenses for MCU failures paid out-of-pocket ...
Tesla has set up mobile-shipping-container "stores" [9] and 6 Airstream travel trailers each pulled by a Model X, reaching areas not served by brick-and-mortar shops. [26] [27] Tesla's strategy of direct customer sales and owning stores and service centers is different from the standard dealership model in the US vehicle marketplace. [28]