Elon Musk defends SolarCity deal against shareholder lawsuit
by Reuters in Wilmington, Delaware from Environment | The Guardian on (#5M3X6)
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...