Tesla solarcity News

Trial Asks the $2 Billion Question: Does Musk Control Tesla?

Does Elon Musk control Tesla Inc. or does Tesla control Elon Musk? More than $2 billion hinges on that question as a trial kicks off on Monday. Shareholders allege that Musk used his control of Tesla to force the company …

Musk Holds Out As Other Tesla Directors Settle Investors’ SolarCity Claims for $60M

All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits over the company’s purchase of SolarCity, according to people familiar with the deal. Insurers covering Tesla’s directors and executives will …