A squatter selling a domain name is "news"?
Separately buying and selling domains is a legitimate business (and there are companies that do this on the stock exchanges).
Squatter dates back to a few cases in the 90's where tech guys held their companies names ransome or certain people tried to register unique trademarks with the clear intention of holding out for large sums of money.
Nothing gives Tesla the god given right to just get that name because they are Tesla (in these particular circumstances).