Elon Musk trial asks $2 billion question: Who controls 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 in 2016 to rescue SolarCity, saving the solar panel maker – and Musk’s investment in […] July 11, 2021 at 07:42AM

Comments

Post a Comment

Popular posts from this blog

Sustainability

Ground-breaking investment in Sustainable Aviation Fuel, opening a new phase of sustainability commitments for the team. Industry-leading approach to reducing our Scope 3 aviation carbon footprint in line with science-based targets, demonstrating the power of technology to enable our journey to Net Zero. A key pillar of our commitment to achieve 50% reduction of Scope […] July 19, 2022 at 12:00AM
Keep reading

Mercedes-Benz prepares car production network for new electric portfolio

Mercedes-Benz prepares its highly flexible production network for “electric only”: Management and employee representatives reach consensus on future European production setup Top End Luxury: Sindelfingen, the lead Mercedes-Benz plant for high end vehicles to produce models based on the AMG.EA platform (AMG Electric Architecture) from 2025 Core Luxury: The Mercedes-Benz plants in Bremen, Germany and […] June 30, 2022 at 12:00AM
Keep reading