Elon Musk’s artificial intelligence startup, xAI, is facing a trademark battle with Ex Populus, a blockchain-based gaming company that operates under the name Xai. The Delaware-based firm alleges that Musk’s venture is creating widespread confusion in the marketplace and eroding the reputation it has built around its own brand. The lawsuit, filed on August 22 … Continue reading “Crypto Gaming Firm Ex Populus Sues Elon Musk’s xAI Over Trademark Infringement”
Written by Electric Vehicles Magazine
Tesla shares gained nearly 4% on Monday, trading above $440 and setting a new high for 2025. The previous peak of $428.22 was recorded on January 15. The stock has advanced in nine of the past ten sessions and is now up more than 30% over the last month. The rise follows CEO Elon Musk’s … Continue reading “Tesla Stock Hits $440 in 2025 High After Musk’s $1B Buy & Analyst Upgrade”
Written by Electric Vehicles Magazine
The Delaware Supreme Court made its ruling in the fight over Tesla CEO Elon Musk’s $55 billion pay package from 2018, reversing the Court of Chancery’s decision and reinstating the pay package. But the Court still penalized Musk $1 plus attorney’s fees due to the award’s unfairness. The ruling is the latest and likely last … Continue reading “Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead”
Written by Electric Vehicles Magazine
Two decades ago, private space companies operated on the margins of the aerospace sector. Today, one of them — SpaceX — supports national programs, dominates global launch activity, and runs one of the world’s largest satellite networks. That growth has fueled a long-running question among investors: Will the public ever be able to buy SpaceX … Continue reading “Elon Musk’s SpaceX preparing 2026 IPO that could raise over $25 billion, source says – iShook Finance”
Written by Electric Vehicles Magazine
The judge ruling over Elon Musk’s ~$55 billion CEO pay package, which some Tesla shareholders claimed was obtained without following proper governance rules, has decided to reject Tesla’s attempt to reinstate it with a shareholder vote. Delaware Supreme Court could be next. In 2018, Tesla shareholders voted for Elon Musk to get a historic new … Continue reading “Judge shuts down Tesla’s attempt to reinstate Elon Musk’s giant CEO pay package”
Written by Electric Vehicles Magazine
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Delaware judge on Friday expressed scepticism that a vote by Tesla shareholders would give her grounds to reinstate the record $56bn pay package for Elon Musk that she invalidated earlier this year. During a … Continue reading “Tesla attempt to save Elon Musk’s $56bn pay package gets sceptical reception”