FCPA Compliance Report - Karen Woody on Elon Musk Attack on SEC Consent Decree
Compliance Into The Weeds - Elon Musk and Tesla Redux
Top Five Corporate Scandals of 2018: Episode IV-Tesla and its Elon Problem
This Week in FCPA-Episode 129, week ending November 16, 2018 - the Farewell to Stan Lee edition
Southeast Asia’s electric vehicle (EV) market is booming. Since 2019, EV sales in the key markets of Thailand, Vietnam, and Indonesia have increased exponentially, reaching year-on-year growth rates of 300 – 400% in 2023....more
Elon Musk’s Ventures and Controversies - Elon Musk is well known for his many ventures as well as his disdain for convention. While serving as the CEO of Tesla, Inc., Musk acquired Twitter (now X Corp.) and founded a private...more
Continuing our series on electric vehicle (EV) trade secret litigation, see here and here, a California judge has tentatively given Tesla the green light to proceed with a trial against rival Rivian in March of 2025. This...more
This is the third issue of WilmerHale’s FRAND Quarterly: Navigating the Global SEP Landscape, a bulletin that highlights developments about the licensing, litigation, and regulation of patents that are or are claimed to be...more
The rise in trade secrets litigation in the electric vehicle (“EV”) sector continues with Tesla filing another lawsuit: this time against its own equipment supplier. On June 14, 2024, Tesla filed a complaint in the Northern...more
In litigation news . . . For the third consecutive month, Tesla finds itself involved in a new patent infringement lawsuit, this latest time as a defendant in an action filed by Graphite Charging Company LLC on August 4,...more
The Delaware Supreme Court affirms the Court of Chancery’s determination that Tesla’s acquisition of SolarCity was the result of fair dealing, reflected a fair price, and was entirely fair—even when the process was imperfect....more
On February 3, 2023, in the matter In re Tesla Inc. Securities Litigation, Case No. 3:18-cv-04865, a California federal jury cleared Tesla, Inc. (Tesla), and CEO Elon Musk of claims that they committed securities fraud,...more
The article highlights the privacy concerns surrounding the use of cameras in monitoring public spaces and how these issues are particularly relevant in Europe, where privacy is a fundamental aspect of the legal culture. The...more
On August 29, 2022, the National Labor Relations Board (NLRB or Board) reaffirmed employees’ right to don union insignia in the workplace and found that Tesla, Inc., the electric vehicle manufacturer, violated federal labor...more
Tesla Motors Stockholder Litigation arises out of Tesla’s acquisition of SolarCity, a market leader in manufacturing and installing solar energy generation systems. On two occasions in 2015 and 2016, Elon Musk suggested to...more
On April 27, 2022, the Delaware Court of Chancery in In re Tesla Motors Stockholder Litigation rendered a post-trial verdict finding for Elon Musk, co-founder and CEO of Tesla Motors, Inc., on claims that Musk breached his...more
In this episode of the FCPA Compliance Report, I am joined by Professor Karen Woody from Washington & Lee Law School and discuss the recent filing by attorneys for Elon Musk and Tesla to revoke the previously agreed to...more
Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. This week, Matt and I return to one of Matt's...more
The lithium-ion battery, introduced commercially in 1991, revolutionized the consumer electronics industry. Compared with older battery technologies, the lithium-ion battery was lightweight and compact, had high energy...more
Bitcoin was first introduced in a 2009 white paper, Bitcoin: A Peer-to-Peer Electronic Cash System. Since then, cryptocurrencies, also known as virtual or digital currencies, have exploded, with thousands of different types...more
Foley & Lardner’s Weekly Automotive Report helps automotive suppliers inform their complex legal and operational decisions on market trends and regulatory matters, OEs and suppliers, connected/autonomous vehicles and mobility...more
Tech stocks roared back on Tuesday just a day after the Nasdaq hit correction territory, as “buy-the-dip” won out and led to a nearly-4% jump for the tech-heavy index ...more
U.S. Developments - Tesla buys $1.5 billion in Bitcoin - In a 10-K filing with the Securities and Exchange Commission (SEC) on Monday, Tesla announced that it had bought $1.5 billion worth of bitcoin. Tesla said the...more
The Biden Administration’s day-1 recommitment to the Paris Climate Agreement brings front and center America’s transition to electric vehicles (EVs) that has been slowly underway in the American automotive industry. No longer...more
Tesla dropped an incredible $1.5 billion on bitcoin on Monday “and signaled its intent to begin accepting the cryptocurrency as a form of payment, sending prices to a record after the vote of confidence from the EV leader and...more
Bay area business software powerhouse Salesforce is “in advanced talks to buy Slack Technologies,” the “buzzy newcomer on a mission to replace office email.” A deal could be announced as early as tomorrow, and it would mark...more
The German Federal Environment Agency (UBA) intends to fine Tesla in Germany millions of euros. The reason for this is Tesla’s apparent failure to comply with the applicable regulations on taking back and recycling batteries....more
Zusammenfassung des Gutenachtens über die Datenverarbeitung und den Datenschutz bei Tesla Fahrzeugen vom 19.10.2020 - „Tesla-Fahrzeuge sind dauernd aktive Datenschleudern mit Langzeitgedächtnis.“ (Weichert, Gutachten über...more
Summary of expert opinion on data processing and data protection in Tesla vehicles of 19 October 2020 - “Teslas continuously gush data and have a long memory” (translation of Weichert, Gutachten über Datenverarbeitung und...more