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Mystery investor’s attempt to stop Canoo asset sale shot down by judge

The judge in Canoo’s bankruptcy case has blocked an attempt by a mysterious financier to disrupt the sale of the EV startup’s assets. In a hearing Tuesday, Judge Brendan Linehan Shannon ruled the financier, a U.K.-based man named Charles Garson, lacked standing to request the sale to Canoo’s own CEO be vacated. While Garson had […]
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Mysterious financier asks judge to stop Canoo asset sale

A mysterious investor out of London has asked a bankruptcy judge in Delaware to stop the sale of EV startup Canoo’s assets to its CEO, calling it a “flawed” process. Charles Garson, a U.K.-based investor with no obvious ties to the EV startup, offered $20 million for Canoo’s assets, according to a filing. A lawyer […]
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Slate Auto eyes former Indiana printing plant for its EV truck production

Slate Auto, the buzzy new EV startup that broke stealth this week, is close to locking in a former printing plant located in Warsaw, Indiana as the future production site for its cheap electric truck, a review of public records shows. The company is expected to lease the 1.4 million-square-foot facility for an undisclosed sum. […]
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Bezos-backed Slate Auto debuts analog EV pickup truck that is decidedly anti-Tesla

A new American electric vehicle startup called Slate Auto has made its debut, and it’s about as anti-Tesla as it gets. It’s affordable, deeply customizable, and very analog. It has manual windows and it doesn’t come with a main infotainment screen. Heck, it isn’t even painted. It can also transform from a two-seater pickup to […]
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Faraday Future founder named co-CEO three years after being sidelined by internal probe

Troubled electric vehicle startup Faraday Future’s board of directors has appointed founder Jia Yueting as the company’s co-CEO, three years after he was sidelined following an internal probe into allegations of fraud — a probe that led to an investigation by the Securities and Exchange Commission that remains ongoing. Jia will serve alongside current CEO […]
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Anti-Musk protests are now an official risk to Tesla’s business

Protests against Elon Musk and Tesla have been spreading around the world thanks to the CEO’s involvement in the Trump administration. Now those protests are listed as an official “risk factor” in paperwork Tesla is required to file with federal regulators. The new language, filed with the Securities and Exchange Commission on Wednesday morning, shows […]
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