How ironic, then, that in a court case concerning Tesla’s takeover of another of his start-ups, he is energetically seeking to rebut the notion that he controls Tesla. The case revolves around Tesla’s controversial move, in 2016, to buy SolarCity, an installer of rooftop solar panels, for US$2.6 billion (NZ$3.6b). READ MORE:* Elon Musk is living in a $72,000 tiny prefab house in Texas* Cryptocurrency: Please don't go crypto crazy* To the Moon! Matt Rourke/AP Members of the media gather outside the justice centre where Elon Musk testified in Wilmington, Delaware. When it comes to points of substance, the first thing the court must decide is whether Musk controlled Tesla at the time of the SolarCity deal.
Source: Stuff July 14, 2021 22:18 UTC