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Tesla CEO Elon Musk goes to trial Monday to defend $2.6 billion SolarCity acquisition

Tesla CEO Elon Musk is expected in court on Monday to defend his role in Tesla’s $2.6 billion acquisition of SolarCity in 2016.Shareholders have sued Musk alleging that the deal amounted to a SolarCity bailout that enriched Musk and his family more than it did Tesla, among other things.If shareholders win their case, Musk may have to pay upwards of $2 billion from his considerable personal wealth.Tesla CEO Elon Musk is expected in court on Monday, and the stakes are high — if he loses he could h
Tesla CEO Elon Musk goes to trial Monday to defend $2.6 billion SolarCity acquisition

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  • Jinroro
    ·2021-07-11
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