2 min read09 Jul 2021, 04:29 PM IST
Tom Hals and Sierra Jackson
The union pension funds and asset managers leading the case want Musk to repay to Tesla the cost of the $2.6 billion deal and to disgorge the profits on his SolarCity stock
If they win, it would be one of the largest judgments against an individual
More than $2 billion hinges on that question as a trial kicks off on Monday. Shareholders allege that Musk used his control of Tesla to force the company in 2016 to rescue SolarCity, saving the solar panel maker - and Musk's investment in the company - from bankruptcy.