Elon Musk spars with attorney during Tesla-SolarCity trial
Al Jazeera
Investors and pension funds leading the lawsuit allege that Tesla CEO Elon Musk and the firm’s board breached their fiduciary duties when they agreed to a buyout of SolarCity.
Elon Musk managed to keep his temper in check as he wrapped up his second and final day of tough questioning about Tesla Inc.’s 2016 takeover of SolarCity. Musk, the first and most central witness in the case, often sparred with the plaintiffs’ lawyer during about eight hours on the witness stand. But there were no theatrical moments from one of the most outspoken chief executive officers. The world’s second-richest man was the chairman and largest shareholder of both companies at the time of the deal, and the trial centers on how much of a role he played in pushing his board, and shareholders, to approve it.
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