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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. [106] The agreement was approved in November 2018. [107]
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 ...
Returned merchandise requires management by the manufacturer after the return. The product has a second life cycle after the return. An important aspect of RMA management is learning from RMA trends to prevent further returns. Depending on what the rules are, the manufacturer may send the customer an advance replacement.
The controversy first emerged in late-2016, when it was reported that since a recent iOS update, some iPhone handsets had begun to experience unexpected shutdowns when their battery capacity reached 30%, caused by drops in the battery's terminal voltage below a threshold of around three volts required for operation of the device.
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 ...
Lawyers asked a judge to award them Tesla stock worth nearly $6 billion as their fee for successfully arguing that Elon Musk’s 2018 pay package was unlawful.
It was expected that a small fee would be assessed for the battery-swap process. [1] [2] By December 2014, 18 months after the initial announcement, no Tesla battery swapping stations were opened to the public. That month, Tesla announced a pilot battery-swap program would be implemented at a single California site to gauge demand.
The fee Tornetta has asked for on behalf of the firms equals around $7.3 billion at Tesla's Monday stock price and amounts to a rate of roughly $370,000 for every hour worked by the 37 lawyers ...