Tag: SolarCity

  • Tesla shareholders lose SolarCity acquisition lawsuit against Musk

    Tesla shareholders lose SolarCity acquisition lawsuit against Musk

    Tesla boss Elon Musk has prevailed in a legal dispute with shareholders over the controversial takeover of the loss-making green electricity company SolarCity. Delaware judge sided with Musk in a ruling on Wednesday and found that Tesla did not pay an excessive price for SolarCity. The plaintiffs accused Musk of pushing through the deal to…