Elon Musk. Photo credit: Steve Jurvetson via Wikimedia Commons. 'Far From Perfect': While Elon Musk Was Overly Involved, Court Says Tesla Board Assured SolarCity Deal Was Fair
Any sway Musk may have had over the deal process was canceled out by chair Robyn Denholm acting as an "indisputedly independent" director guiding the board's decision, Vice Chancellor Joseph Slights found.
April 28, 2022 at 10:08 AM
4 minute read
Securities Litigation
Tesla shareholders didn't prove at trial that Elon Musk breached his fiduciary duties in the company's 2016 acquisition of SolarCity Corp., Vice Chancellor Joseph R. Slights III has found.
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