Tesla Trademarks 'Teslaquila' For Real This Time

Sheri Evans
October 17, 2018

A Tesla spokesperson confirmed the settlement, but said the automaker would make no further comment on the matter.

During a rather ordinary afternoon on October 14, Musk tweeted a trailer for the award-winning anime film "Your Name" with the caption saying he loved it.

Although the idea of Teslaquila originated in an April Fool's joke made by Musk about Tesla going bankrupt, accompanied by a picture of him pretending to be passed out against a Model 3, this isn't Elon just getting high again and doing some stupid shit.

The message, sent on August 7, said he had secured funding at $420 (£317) a share.

U.S. District Judge Alison Nathan in Manhattan officially signed off on the accord on Tuesday after Tesla, Musk and the regulatory agency said in a joint filing that the deal was in the best interest of Tesla investors.

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As part of the agreement, Tesla also must clamp down on Musk's communications with investors.

He agreed to step down as chairman of the company, and he and Tesla must now pay $20m in fines within 14 days.

Musk has gained legions of fans for his bold approach to business and technology, using his 23 million Twitter followers to promote Tesla, his rocket company SpaceX, and tunnel venture Boring Co.

Outside Tesla's Fremont, California factory, Mr Musk showed off the $35,000 base vehicle with a range of 350km (220 miles) on a charge that marks a departure from the company's earlier luxury electric cars.

Tesla founder Elon Musk has refuted a report that James Murdoch, son of News Corp. owner Rupert Murdoch, may replace him as Tesla Inc. chairman in a short tweet. The company will be required to appoint an independent chairman and directors with no direct ties to Musk. The company needs to actually be making a product to obtain the trademark.

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