It is reported that Tesla (TSLA.O) CEO Elon Musk will attend a trial in Delaware next week to defend Tesla's 2016 acquisition of solar panel company SolarCity. The lawsuit was filed by a group of Tesla shareholders in 2017. Shareholders believe that Tesla bought SolarCity in fact to rescue SolarCity. SolarCity was founded and run by Musk's cousins Lindenriff and Peter Reeve. Musk and other members of Tesla's board of directors, including Musk's brother Kimbal Musk, benefited from the deal at the expense of Tesla and his minority shareholders, the lawsuit said. It is reported that Musk owns 22% of SolarCity and serves as chairman of SolarCity.
马斯克下周出庭作证，为特斯拉收购SolarCity交易辩护
Musk testified in court next week to defend Tesla's acquisition of SolarCity.
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