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Tesla wants stricter fuel standards to maintain EV dominance

Tesla dominates the U.S. electric vehicle market. Now it wants stricter regulations to gain an edge. Tesla is urging the Biden administration to adopt stricter fuel economy standards than regulators have proposed, which will irritate legacy automakers like General Motors, Ford, and Stellantis. These three companies face $10.5 billion in …

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Tesla directors settle overpayment claims for $735M

According to a Monday court filing, Tesla directors will pay $735 million to settle shareholder claims that they overpaid themselves. A Tesla stock-holding retirement fund settled its 2020 lawsuit. Starting in June 2017, the Detroit Police and Fire Retirement System criticized Tesla directors’ stock options, including CEO Elon Musk, his …

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