Current Legal Update

Delhi High Court Grants Relief to Elon Musk’s Tesla Against Indian Firm Using Tesla Name for EVs

Tesla Inc., the electric vehicle giant owned by Elon Musk, has received much-needed relief in a major move towards the international intellectual property rights in India by the Delhi High Court. A stringent injunction has been imposed by the court against an Indian firm, Tesla Power India Pvt. Ltd. that is prohibited to adopt the name Tesla as its trademark

Current Legal Update

ISS Rejects Elon Musk’s $1 Trillion Tesla Pay Plan, Urges Shareholders to Vote ‘No

The strongly influential institution, which counsels the biggest investors on their voting votes in corporate activities is some of the largest institutions known as the Institutional Shareholder Services (ISS) which has dealt a huge blow to Elon Musk. The company has formally advised Tesla shareholders to vote against an initiative to approve the gigantic compensation package of Musk in 2018.