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SolarCity

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    Shareholders challenge Tesla’s SolarCity acquisition

    Lawsuit filed

    Tesla shareholders alleged in court filings that Tesla misvalued its 2016 acquisition of SolarCity and misled investors about the transaction. The article does not report a court determination.

    Company response

    • Denial — Tesla

      此外，该公司还对指控予以驳斥，表示这些指控不仅虚假并且还具有误导性。

    Source excerpt

    • 特斯拉的股东认为，特斯拉错误地评估了这起有关SolarCity的交易，并且对投资者产生了误导。
    • 投资者还在诉讼中表示，SolarCity的运转靠的是SpaceX的资金。
    • 北京时间9月24日消息，据国外媒体报道，周一公布的法庭文件显示，包括一些养老基金在内的许多特斯拉大型投资者认为，特斯拉在2016年斥资26亿美元收购SolarCity的交易本不应该发生。根据股东就特斯拉收购案提起的这起诉讼的开场摘要，股东们指责特斯拉对这笔交易的估值不当，提供有缺陷的分析并误导投资者。
    Source

  2. 2016

    Shareholder challenge to Tesla's SolarCity acquisition

    Shareholders challenged Tesla's acquisition of SolarCity, raising questions about conflicts of interest, the relationship between Elon Musk and SolarCity, and whether Tesla paid an excessive price. In 2022, the Delaware Court of Chancery ruled for Musk, finding that the board had meaningfully evaluated the deal and that the evidence supported a fair price.

    Source