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Tesla's Bailout of SolarCity

SolarCity was fading until Tesla picked it up - and nothing has changed since then. Now, trial lawyers are after  Elon Musk, the CEO of Tesla.

Elon Musk is back in court defending Tesla’s $2.6 billion acquisition of SolarCity, denying claims that he strong-armed Tesla’s board into a deal that “amounted to a bailout” of the faltering energy company, per CNBC. The shareholder lawsuit alleges the deal was rife with conflicts of interest and failed to deliver the promised profits. But Musk denied improper conduct during the negotiation process and added that he doesn’t even enjoy being CEO of Tesla, stating "I rather hate it."

There is future in SolarCity, but he may have to wait for the light at the end of the tunnel. By the way, that man needs to watch his mouth, Jack Ma should be a lesson to him

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Ndubuisi Ekekwe