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The lawsuit alleges a lot more. For instance,that Musk was aware of and didn't make known the fact the the SEC was looking at Solar City's liquidity position,

The lawsuit alleges a lot more. For instance,that Musk was aware of and didn't make known the fact the the SEC was looking at Solar City's liquidity position, and that the whole Solar Shingle reveal was a fake to sway the shareholder vote,since the product doesn't exist,two years on.

Traster 7y ago
Yes, imagine if Elon Musk announced a technology that could materially move his share price at strategically important points knowing that it was just vapor ware. That would be really bad, but fortunately we know he doesn't do that because we're all driving fully autonomous Teslas right now.
- lallysingh 7y ago
  And running Windows Cairo/Longhorn.
- dragontamer 7y ago
  No need to look at "self-driving" as proof. Solar City itself came with a lie that Elon was pushing: Solar Shingles. Not only did Solar City fail to make Solar Shingles under the Tesla banner... Elon eradicated their contracts with Home Depot, fully destroying the future of SolarCity. It should be no surprise to anyone that SolarCity is no longer the top solar company in the USA, but has fallen further and further behind. SolarCity, as a company, has been milked and discarded.
  - cma 7y ago
    Each solar shingle turned out to use a traditional connector underneath and not a high tech backplane. Each connector increases the odds of a connector fire, and every single solar shingle has one. Doing it with traditional connectors was a big surprise that revealed the whole thing to be a charade.