Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of Shareholder Suit Upheld June 7, 2023 By Chris Dolmetsch esla Inc.’s $2.6 billion acquisition of SolarCity in 2016 was “entirely fair” to shareholders, Delaware’s top court ruled, upholding the...
Judge Rules for Elon Musk in $13 Billion Lawsuit Over Tesla-SolarCity Deal April 28, 2022 By Tom Hals Tesla Inc. Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in...
Whistleblower Claim Prompts SEC Probe of Tesla Over Solar Panel Fire Risks December 8, 2021 By Hyunjoo Jin and Chris Prentice The U.S. securities regulator has opened an investigation into Tesla Inc. over a whistleblower complaint that the company failed to...
CEO Musk Replaces Tesla’s D&O Policy with ‘Personal Coverage’ May 1, 2020 By Andrew G. Simpson Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s...
Musk Holds Out As Other Tesla Directors Settle Investors’ SolarCity Claims for $60M January 30, 2020 By Jef Feeley and Dana Hull All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits...
Walmart Settles Lawsuit Against Tesla over Rooftop Solar Panel Fires November 6, 2019 By Brian Eckhouse and Chris Dolmetsch Walmart Inc. has settled its lawsuit against Tesla Inc. over fires at more than a half-dozen of the retail giant’s...
More Tesla Solar Panel Claims Emerge; 2 Home Insurers Allege Negligence August 29, 2019 By Dana Hull and Brian Eckhouse One evening last year, David Burek noticed charred wood and a burning smell in his attic, near his young sons’...
After Solar System Fires, Walmart Sues Tesla for ‘Widespread Negligence’ August 21, 2019 By Nichola Groom and Nivedita Balu Walmart Inc. on Tuesday sued Tesla Inc., accusing it of “widespread negligence” that led to repeated fires of its solar...