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Buried in the lawsuit is some entertaining commentary on Tesla's SolarCity acquisition: "On information and belief, when Tesla purchased SolarCity to bail out
by AndrewBissell 7y ago
Buried in the lawsuit is some entertaining commentary on Tesla's SolarCity acquisition:
"On information and belief, when Tesla purchased SolarCity to bail out the flailing company (whose executives included two of Tesla CEO Elon Musk's first cousins), Tesla failed to correct SolarCity's chaotic installation processes or to adopt adequate maintenance protocols, which would have been particularly important in light of the improper installation practices."
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"On information and belief, SolarCity's business model was ultimately a bust."