Tesla CEO Elon Musk Could Face a $13 Billion Bill. Investors Arent Worried. – Barrons

Plaintiffs in a lawsuit about Tesla’s Solar City acquisition are asking for $13 billion from Tesla CEO Elon Musk. That amount is bigger than Musk’s pending $11 billion tax bill—a figure that made waves for investors at the end of 2021.

Tesla (ticker: TSLA) shares were down about $17, or 1.7% since Reuters reported on Tuesday afternoon that Tesla investors want Musk to pay $13 billion, alleging that the CEO “coerced the company’s board” into the 2016 acquisition of Solar City.

The…

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