Musk defends Tesla’s $2.6 bln deal for SolarCity

07/12/2021 7:07 AM

Elon Musk took the stand on Monday to defend Tesla Inc's (TSLA.O) 2016 acquisition of SolarCity against a lawsuit by shareholders seeking to recoup the $2.6 billion the company paid for the ailing solar panel maker. Soon after taking the stand, Musk denied the deal...

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