Now, a wave of new electric vehicles is building, promising to deliver an unprecedented number of models to North America, Europe and China over the next two to three years. There might not be a better time to dig into EVs, and we have two superstars coming to TC Sessions: Mobility 2020. JB Straubel, co-founder and CEO of Redwood Materials who pioneered the battery powertrain design for Tesla as its longtime CTO, and Celina Mikolajczak, the vice president of battery technology for Panasonic Energy of North America, will join us on our virtual stage to talk about all things electric vehicles.
The judge also dismissed a defamation counterclaim by the former employee. In a decision on Thursday, Chief Judge Miranda Du of the federal court in Reno, Nevada said Tesla failed to show that Martin Tripp's disclosure of confidential information caused a $167 million decline in the electric car maker's market value.
The overall stock market was relatively calm on Friday, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) found itself on the defensive. As of just after noon EDT, the Nasdaq was down 0.75%, even with the Dow Jones Industrials very close to flat for the day. Things weren't as favorable for plant-based protein specialist Beyond Meat (NASDAQ: BYND), however, which gave back some of its recent gains.