UPDATE 1-Tesla directors settle, isolating Musk as SolarCity trial looms
29 Jan UPDATE 1-Tesla directors settle, isolating Musk as SolarCity trial looms
Posted at 18:12h
in
News
by KMFSLLP
Directors of Tesla Inc
settled a shareholder lawsuit over the company’s 2016
acquisition of SolarCity Corp, leaving Chief Executive Officer
Elon Musk as the lone defendant facing claims that Tesla paid
$2.6 billion for a worthless solar energy system installer,
according to court documents.
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