Tesla shareholders Francis Freeman Jr and Marnie McMahon have filed a class-action lawsuit against company CEO Elon Musk and several former directors and executives. The suit alleges that the board of directors, including Musk, failed to disclose Musk’s role in Tesla’s acquisition of SolarCity last year or his knowledge about its financial performance.
Tesla shareholders Francis Freeman Jr and Marnie McMahon have filed a class-action lawsuit against company CEO Elon Musk and several former directors and executives. Freeman Jr and McMahon claim the electric car manufacturer made "false statements" about its $2.6bn acquisition of SolarCity, in 2016.