The filing was part of a lawsuit by Tesla shareholders alleging the company’s board breached its duties to investors by approving the $2.6 billion acquisition of the struggling company, which was run by Musk's first cousins and of which he was a chairman and the largest stakeholder. The former SolarCity operations have been a drag on Tesla, with panel installations slumping since they were acquired. Shareholder lawsuits that survive a motion to dismiss often settle before trial, which in this
Case involves dual-clutch transmission issues in Focus and Fiesta.
Judge approves $800 million from FCA in diesel emissions suit.
Owners complain of abrupt 'hard shifts' when accelerating or decelerating.
Former Champion Porsche VP was on the lam for months
It's not the first time XPeng has seen such allegations.
The automaker faces a lawsuit filed by black employees.
Tesla chief reportedly hires defense lawyers.
It would have required him to step down as Tesla chairman for two years.
It fetched $1.4 million less than a month ago at Monterey.
He allegedly created fake buyer deposit agreements for rare 911 GT3s.
It was reportedly too much for the aging, wealthy farmer who bought it.
Tweets were a 'nuclear attack' to 'completely decimate' short-sellers.
Martin Tripp says he fears for his personal safety after claims he intended to "shoot the place up."