Tag:Tesla
The Future of EV Vehicles: Tesla’s EV Connector Becoming the National Standard
For the first time ever, American automotive company Tesla will open a portion of its U.S. Superchargers and Destination Charger network for non-Tesla electric vehicles (“EVs”)–including 7,500 of its chargers–following an action by the Department of Transportation and Energy. The Department of Transportation and Energy finalized the new standards to make charging EVs more convenient and reliable for consumers. Other companies in the private sector, including Hertz, bp, and General Motors, will also establish a network of chargers using the Tesla charging ports. The Biden-Harris Administration is lending its support for EV standardization, attempting to make Tesla’s charging ports the industry standard for EV charging in America. This new regulatory framework seeks to establish the Biden-Harris Administration’s “Made in America” policies, which include revolutionizing the country’s EV charging network so that the “great American road trip” can be electrified.
Bitcoin, Tesla, and GameStop: Regulatory Challenges Posed by the New Retail Investor
GameStop started 2021 with a stock price below $20 but saw its stock price skyrocket to well above $300 a share towards the end of January. The rally would be hard to explain by solely relying on the company’s financial reports or underlying fundamentals. Instead, the rally has to be explained through a combination of external factors involving a popular fintech company’s app, manic speculation by retail investors, and Reddit. Although at first glance this may seem like a new phenomenon, the same factors have been at play for years with a huge interest in Tesla and Bitcoin – and they pose a risk to the markets that regulators and Wall Street together can’t ignore.
SEC’s Settlement to Prevent Future Market Disruption by Elon Musk and Tesla
On September 27, 2018, the Securities and Exchange Commission (“SEC”) filed a complaint, alleging Tesla CEO and Chairman, Elon Musk, committed stock market fraud by misleading investors. The matter was resolved through settlement and later approved by a judge. It is hoped that the settlement will prevent Tesla and Musk from causing future market disruption and harm to shareholders.
Tesla autopilot hardware and how it impacts compliance departments
Gilbert Carrillo Executive Editor Loyola University Chicago School of Law, JD 2017 This past week, Tesla announced that all vehicles produced by the company, as of October 19, 2016, will have hardware needed for “full self-driving capability at a safety level substantially greater than that of a human driver” (aka autopilot). Aside from the …
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