Tesla’s billionaire founder, Elon Musk, spoke at the first hearing of the case, where he was accused of pressuring members of the company’s board of directors to buy a solar panel company, the BBC reported.
“I quite hate it[being Tesla’s boss]; I would rather spend my time designing and engineering,” Musk said. used the phrase.
Tesla shareholders allege that the company’s resources have been wasted with the acquisition of SolarCity solar firm, which is running out of money.
At the time of the agreement, Musk owned 22 percent of both Tesla and the solar panel company founded by his cousins.
Musk emphasized that he did not make any earnings from the shares in question.