“Am considering taking Tesla private at $420. Funding secured.” With that short, simple tweet, world-famous billionaire and Tesla CEO, Elon Musk, prompted a flurry of investor activity and set alarm bells off at the Securities and Exchange Commission (the “SEC”). 1 Musk followed that tweet up with several more outlining how the transaction would play …
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Although electric vehicle (“EV”) sales do not account for a large portion of global automobile sales, recent developments in some of the major global automotive markets promise to expand the EV market rapidly in the coming years. In September, China became the largest market—following a handful of mostly European countries—to declare its intention to …
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As car manufacturers and technology companies forge ahead with their plans to implement autonomous driving technology, it is important they consider the legislative and regulatory landscape. These entities are in uncertain territory because the current regulatory structure does not closely align with autonomous driving.1 On the federal level, the National Highway Traffic Safety Administration (NHTSA) …
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