Lawsuit claims Elon Musk and Tesla knew SolarCity was insolvent but still paid $2.6 billion for it

Tesla’s $2.6 billion purchase of SolarCity was controversial from the beginning. CEO Musk held 22 percent of Tesla’s stock, making him the largest shareholder. He was also the largest shareholder of SolarCity, holding around 22 percent of its shares. The deal saw his personal investments converted to about $500 million...





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