Elon Musk defends SolarCity deal against shareholder lawsuit

Shareholders want Musk to refund Tesla the $2.6bn the company paid for the ailing solar energy company

Elon Musk took the stand on Monday to defend Tesla’s 2016 acquisition of SolarCity against a lawsuit by shareholders seeking to recoup the $2.6bn the company paid for the ailing solar panel maker.

Related: Elon Musk leads Tesla effort to build house roofs entirely out of solar panels

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Shareholders want Musk to refund Tesla the $2.6bn the company paid for the ailing solar energy company
Elon Musk took the stand on Monday to defend Tesla’s 2016 acquisition of SolarCity against a lawsuit by shareholders seeking to recoup the $2.6bn the company paid for the ailing solar panel maker.
Related: Elon Musk leads Tesla effort to build house roofs entirely out of solar panels Continue reading…Technology | The Guardian

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