Shareholders have sued Musk alleging that Tesla's acquisition of the solar installer amounted to a bailout.
for a second day, and is likely to be questioned over the financial health of SolarCity in 2016 before Tesla acquired it for $2.6 billion.Shareholders sued Musk, alleging that Tesla's acquisition of the solar energy installer amounted to a bailout, and a deal pushed through by Musk who was a chairman of the board at both businesses concurrently.
Depending how long the Tesla CEO takes to complete his testimony on Tuesday, his brother and fellow Tesla board member Kimbal Musk may appear in court on Tuesday afternoon. The court also saw a confrontational Musk this week, with tensions rising between the CEO and the plaintiffs' attorney Randy Baron. Baron showed clips of Musk's 2019 deposition, in which Musk repeatedly called the suit a waste of time and said Baron was a "shameful person."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Elon Musk Takes Stand in Court to Defend Purchase of SolarCityElon Musk took the stand to defend Tesla's roughly $2.1 billion deal for SolarCity in 2016 from allegations he led Tesla to overpay for the home-solar company
Baca lebih lajut »
Elon Musk Is Called to Defend Tesla’s Purchase of SolarCityPlaintiffs allege that the billionaire entrepreneur led Tesla to overpay for SolarCity in 2016. Mr. Musk has defended the deal.
Baca lebih lajut »
Elon Musk Has a Ticket to Space, Too...With Richard Branson’s VirginElon Musk bought a ticket for his own space ride with Virgin Galactic, the company said. Tickets have sold for $250,000 each, and the company has collected $80 million in sales and deposits.
Baca lebih lajut »
Elon Musk Bought His Ticket For Richard Branson’s Spaceship When He Could Least Afford ItGalactic has been selling tickets for a $250,000 deposit. Musk bought his back in 2006, Forbes learned.
Baca lebih lajut »
Elon Musk under fire again: CEO to testify over Tesla’s acquisition of SunPowerOn Monday in the Delaware Court of Chancery, the Tesla CEO will testify about the $2.5 billion deal in a shareholder lawsuit that alleges that Tesla's...
Baca lebih lajut »
Space Feud: Here Are All The Jabs Traded Between Bezos And Branson (And, Yes, Musk)I'm a New York-based news desk reporter for Forbes covering sports, politics and business. Please feel free to contact me via email (tsbeer7 [] gmail.com) or Twitter (TommyBeer).
Baca lebih lajut »