Musk under fire again: CEO to testify over Tesla acquisition

  • 📰 AP
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Tesla CEO Elon Musk will testify Monday to defend the company against shareholder allegations that its $2.5 billion acquisition of SolarCity was rife with conflicts of interest and overlooked the solar-panel maker's fundamental weaknesses.

FILE - In this March 14, 2019, file photo, Tesla CEO Elon Musk speaks before unveiling the Model Y at the company's design studio in Hawthorne, Calif. In the runup to Tesla Inc.’s 2016 acquisition of SolarCity, Elon Musk called the combination a “no brainer,” a one-stop shop for electric cars and the solar panels to recharge them. On Monday, July 12, 2021, the Tesla CEO will have to defend the $2.5 billion deal under oath in a shareholder lawsuit alleging conflicts of interest.

Daniel Ives, an analyst at Wedbush Securities, called the acquisition a “clear black eye” for Musk and Tesla, in large part because SolarCity has failed to turn a profit. Tesla’s energy generation and storage business generated $1.9 billion in revenue last year — 24% more than it did the previous year. Much of that revenue came from selling battery storage units. Tesla doesn’t specify whether the business made a profit, and it also has debt and expenses.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

❤️KINDNESS CAMPAIGN❤️ 💙for the protection of 😍Innocents 😍Good hearted and doers 😍Children 😍FUTURE GENERATIONS ❤️❤️❤️ThanYou❤️❤️❤️

A Call to Protect People and Nature! T'h'a'c'k'e'r Pass, Nevada, Thread to Watch/read:

I think it's going to eventually turn out that Tesla is the next Enron.

I wanted to order solar shingles in two years when my current roof warranty is up will this be a bother?

'When I go to Europe, I don't go with my head down. Because we didn't kill children, women and old people. Because we didn't attack any holy place. Yet they did all of this in front of the West, in the name of Western civilization.' Aliya Izetbegovic SrebrenicaGenocide

JackMa wassup haha

Whinners

LMAO! Always follow the money! Green energy is the future and the future is NOW!

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 728. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว