Tesla Trademarks 'Teslaquila' For Real This Time

Tesla Trademarks 'Teslaquila' For Real This Time

Tesla Trademarks 'Teslaquila' For Real This Time

"What began as an April Fools" Day joke by Elon Musk may soon be a reality and people don't know how they feel about it. However, this problematic chapter in Tesla's history wasn't over despite the two parties reaching a settlement. Last week, Musk said the Boring Company would sell interlocking, Lego-style bricksmade from rock and soil displaced by the company's tunnel-digging machines.

Musk's announcement on Twitter comes at a time when Tesla seems to be at the brink of reaching even more impressive milestones in vehicle delivery and production.

Mr Musk agreed to pay a $20m fine and step aside as Tesla's chairman for three years to settle charges that could have forced his exit from Tesla.

The SEC alleged in a complaint filed in September that Musk lied when he tweeted on August 7 that he had "funding secured" for a private takeover of the company at $420 per share.

The recent settlement reached by Tesla and U.S. Securities and Exchange Commission requires Tesla to appoint an independent chairman of the board by November 13.

Neither Musk nor Tesla admitted or denied wrongdoing as part of the settlement.

The SEC filed charges against Musk on September 27, just hours after reports said Musk had rejected an initial settlement offer from the agency.

"Just want to [say] that the Shortseller Enrichment Commission is doing incredible work". Musk corrected this because he preferred to be called the cuter "Elon-chan". Tesla has until November 13 to appoint an independent chairman. Teslaquila. Obviously, filing a trademark does not necessarily mean a product will come to fruition, but Musk has been flirting with this idea for a while now.

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