American billionaire Elon Musk, who denied the allegations that he exerted pressure on the members of the board of directors, shared his thoughts about his company.
Elon Musk, owner of electric car manufacturer Tesla, made a confession-like statement. Tesla’s billionaire founder spoke out in the lawsuit, where he was accused of pressuring members of the company’s board for a $2.6 billion deal to buy the solar panel firm.
Shareholders claim that the automaker’s money was wasted on buying SolarCity.
Speaking at the beginning of the case, Musk pointed to Tesla, “I hate it and would rather spend my time on design and engineering,” according to the BBC’s report. he said.
Also, saying the deal is part of a “master plan” to create affordable vehicles with green power sources, Musk denied allegations that he put pressure on board members.
Source: Anasayfa Manşet by www.acunn.com.
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