A judge has ruled in favour of Tesla chief executive Elon Musk, rejecting a case which claimed he unjustly enriched himself when the company acquired SolarCity in a US$2.6 billion deal in 2016.
A Delaware judge has dismissed direct claims against Tesla CEO Elon Musk over his part in the US$2.6 billion acquisition of residential solar installer SolarCity
Elon Musk and Tesla’s court case regarding its acquisition of solar installer SolarCity has got underway in the US this week, with shareholders of the energy and automotive company alleging that fiduciary duties were breached when the deal was agreed.
Silicon Valley firm opts to close down facilities in California and New York following criticisms over staff exposure to pandemic, particularly at Fremont car-making facility.
Growing pandemic prompts Delaware Court of Chancery to postpone proceedings this week, meant to delve into allegations that shareholders were misled over SolarCity buy in 2016.
Federal ruling censoring 2018 Elon Musk tweet and other actions comes as Tesla faces Walmart lawsuit over rooftop blazes linked by retailer to solar installs.
High-profile case alleging ‘gross negligence’ on Tesla’s part finds Elon Musk’s outfit in midst of reboot of PV business, weeks after reporting record-low solar roll-out.
According to GTM Research Tesla/SolarCity's leadership in the US rooftop market comes into question after rival Sunrun was expected to become the top third party financing (TPO) provider by late 2017.
