Elon Musk prevails in Delaware court case on SolarCity deal
Read full article: Elon Musk prevails in Delaware court case on SolarCity dealA Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins.
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Musk clashes again with opposing lawyer in SolarCity lawsuit
Read full article: Musk clashes again with opposing lawyer in SolarCity lawsuitCEO Elon Musk pushed back again Tuesday against a lawsuit that blames him for engineering Tesla’s 2016 acquisition of a financially precarious company called SolarCity that was marred by conflicts of interest and never generated the profits Musk insisted it would.
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Musk under fire again: CEO to testify over Tesla acquisition
Read full article: Musk under fire again: CEO to testify over Tesla acquisitionIn the runup to electric car maker Tesla Inc.’s 2016 acquisition of SolarCity, Elon Musk called the combination a “no brainer,” a one-stop shop for electric cars and the solar panels to recharge them.
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Testifying in lawsuit, Musk decides best defense is offense
Read full article: Testifying in lawsuit, Musk decides best defense is offenseTesla founder Elon Musk took to a witness stand Monday to defend his company’s 2016 acquisition of a troubled company called SolarCity against a shareholder lawsuit that claims he’s to blame for a deal that was rife with conflicts of interest and never delivered the profits he had promised.