Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Tesla Says Lawsuits May Delay Solarcity Deal


Ron Burgundy
 Share

Recommended Posts

Elon Musk, Chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity?s Inside Energy Summit in Midtown, New YorkThe four lawsuits were filed by two individuals, a police pension fund, and a group of retirement funds, according to a regulatory filing by Tesla on Monday. If a judge grants any of the plaintiffs an injunction, the closing of the deal could be delayed beyond the end of the year when it had been expected, Tesla said. Tesla said in the filing that the actions are without merit and the shareholders were unlikely to prevail in delaying the transaction.




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share