July 12, 2021 Sophia Vida
Company News

Elon Musk Defends Tesla’s $2.6 billion Acquisition of SolarCity in Lawsuit

Tesla’s CEO and founder Elon Musk started his week off by testifying in court on Monday in a shareholder lawsuit over the company’s $2.6 billion acquisition of SolarCity. Musk admitted in his testimony that he did not see a financial gain from the acquisition and argued that there was no controlling pressure on the deal. … Continue reading “Elon Musk Defends Tesla’s $2.6 billion Acquisition of SolarCity in Lawsuit”