Tesla’s $2.6bn SolarCity acquisition lawsuit ruled in favor of Elon Musk

Teslarati
By Joey KlenderApr 27, 2022, 5:52 pm305 pts
A lawsuit between Tesla Shareholders and Elon Musk ended on Wednesday with a Delaware court ruling in favor of CEO Elon Musk. Shareholders believed Tesla’s acquisition of SolarCity in 2016 was a bailout of a company owned by two of Musk’s cousins, which was unfair to them. The trial started in July 2021,…

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