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Elon Musk defends Tesla’s $2.6B acquisition of SolarCity in Delaware court

Elon Musk defends Tesla's $2.6B acquisition of SolarCity in Delaware court

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Elon Musk is testifying Monday morning in a lawsuit over Tesla’s 2016 acquisition of SolarCity, a $2.6 billion transaction that a group of shareholders allege was a “bailout” of the failing solar company. The shareholders are seeking repayment to Tesla of the cost to purchase SolarCity.

...read full article on TechCrunch

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