Delaware Supreme Court Upholds ‘Entire Fairness’ of a Tesla Acquisition
April 24, 2024 | Court Rulings, Valuations
In re Tesla Motors Stockholder Litig., 2023 This was an appeal of an April 2022 Chancery Court opinion. At issue was the 2016 stock acquisition of SolarCity Corp. by Tesla Inc. Tesla’s shareholders claimed that Elon Musk caused Tesla to overpay for SolarCity through his alleged domination and control of the Tesla board. Their primary Continue Reading »