Tesla shares shrug off concerns as Elon Musk defends $2.6B Solar City deal in court

Tesla shares shrug off concerns as Elon Musk defends $2.6B Solar City deal in court


The shareholder lawsuit alleges Musk pressured Tesla's board to approve the $2.6 billion acquisition of Solar City in 2016, which plaintiffs argue was rife with conflicts of interest and failed to produce the profits he had promised.