About Electric Car
An electric car is an automobile that is propelled by one or more electric motors, using energy stored in rechargeable batteries. The first practical electric cars were produced in the 1880s.
Will Tesla's truck recover from its shattering start?
...By Natalie ShermanBusiness reporter, New YorkThe last time Tesla boss Elon Musk took the stage to promote the Electric Car company s planned " cybertruck" its window ended up being smashed...
Nissan to invest £2bn in Sunderland electric car plant
...By Theo LeggettBusiness correspondent, BBC NewsNissan and its partners have announced a £2bn plan to build three Electric Car models at its Sunderland factory...
Nissan to commit to making new Qashqai and Juke electric models in Sunderland
... Nissan began producing electric Juke and Qashqai cars in the North East last year and has already committed to producing the successor to its Leaf Electric Car at its factory in Sunderland...
Musk says his new AI chatbot has 'a little humour'
... It is a separate company, but closely linked to Mr Musk s other enterprises X and the Electric Car firm, Tesla...
Portugal's Barroso lithium mine project faces villagers' ire
... The lithium would be used for Electric Car batteries and is described by the mining company as critical for Europe s transition to green energy...
Nevada lithium mine leads to 'green colonialism' accusations
...By James Clayton & Ben DericoBBC NewsIn the high Nevadan desert near the Oregon border lies an enormous deposit of lithium, a metal that is essential in the production of Electric Car batteries...
Regulator sues Musk to force testimony in X probe
... In 2018, it charged him with defrauding investors by claiming in a Tweet that he had " funding secured" to take Tesla, the Electric Car company he leads, private...
'I was kidnapped by my runaway electric car'
...A driver has told how he was " kidnapped" by his runaway Electric Car and forced to dodge red lights and roundabouts...
Regulator sues Musk to force testimony in X probe
By Natalie ShermanBusiness reporter, New York
Financial regulators in the US are suing Elon Musk after The Billionaire said he would no longer cooperate with its investigation into his purchase of Twitter, now known as X.
The Securities and Exchange Commission (SEC) asked a Federal Court to order him to comply with their request that he sit for a third session of testimony about The Deal .
The Move to sue followed receipt of a letter from a lawyer for Mr Musk, which said he refused to appear as requested.
It accused the SEC of " harassment".
" Unchecked government action is dangerous and the record here is troubling. Mr Musk declines to acquiesce in The Commission 's incursions and therefore refuses to appear as you demand, " lawyer Alex Spiro wrote.
The lawsuit is the latest feud between the SEC and Mr Musk, who once declared on national television that he had " no respect" for the regulator.
The SEC launched its investigation of Mr Musk's $44bn purchase of X Last Year .
The filing in San Francisco Federal Court said The Agency is probing whether his 2022 stock purchases before he bought The Company outright and statements he made about those investments broke securities laws.
Mr Musk participated in two half-days of testimony via video conference In July , after he was subpoenaed, the SEC said. The Agency said another session was necessary because nearly half of the documents it had received regarding the case came in after those meetings.
A letter from Mr Musk's attorney to The Agency , shared as part of the exhibit, said it was " unclear why the staff requires further time diverting Mr Musk from his significant obligations to companies and shareholders. . Enough is Enough ".
The SEC has locked horns with Mr Musk before.
In 2018, it charged him with defrauding investors by claiming in a Tweet that he had " funding secured" to take Tesla, the Electric Car company he leads, private.
He later settled the charges, stepping down as chairman of The Firm 's board and agreeing to accept what was dubbed a Twitter sitter - Limits on what he could write on Social Media about The Company .
Mr Musk has repeatedly gone to court to have those Limits removed, including most recently in February.
Separately, a judge in New York ruled This Week that Mr Musk must face a lawsuit from former Twitter investors who claim he defrauded former shareholders by failing to promptly disclose his share purchases, but an insider trading claim was dismissed.
Related TopicsSource of news: bbc.com
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