Connect with us

News

Elon Musk SolarCity trial: Lawyer loses his lunch, Kimbal takes the stand

(Credit: Tesla)

Published

on

Elon Musk’s trial regarding Tesla’s 2018 acquisition of SolarCity in Wilmington, Delaware, took an interesting turn today. One attorney vomited in the jury box, and Musk’s brother Kimbal took the stand for questioning on Wednesday.

The trial was brought to a temporary halt for two hours as one attorney, who was seated in the jury box, vomited, the Independent reported. After a routine cleanup by janitorial staff at the Delaware courtroom, the trial finally resumed, and Wednesday brought Kimbal Musk to the stand. Kimbal, a Tesla board member and a businessman in the food sector, said he was not aware of Elon’s activities regarding the SolarCity acquisition.

“I was unaware of my brother’s activities,” Kimbal said to Judge Joseph Slights. The trial is attempting to solve the question of whether Elon pressured Tesla board members to acquire SolarCity, a solar panel manufacturer that was founded by cousins of the Musk family. At the time, Elon held a 22% stake in both Tesla and SolarCity. Still, the Tesla CEO maintains that he did not allow himself from voting on the potential acquisition as he was the largest shareholder of both companies at the time of the vote. Musk reportedly “urged a speedup of due-diligence review of the deal in mid-2016 even as advisors at Evercore Partners wanted to dig deeper into a cash crunch at the maker of solar roof panels,” the Bloomberg report indicates.

Kimbal added later that he was unaware that Evercore advisors and some bankers were surprised to see SolarCity struggling with cash flow. The company was in danger of triggering default provisions if its cash reserves sunk below $116 million. Kimbal said he didn’t think it was “a lot of money” but realized “cash in the bank is what matters” when it comes to provisions.

“Were you aware that while Evercore wanted to slow down the diligence review, your brother was pushing to speed things up,” Lee Rudy, a lawyer for the shareholders, asked. “I was not aware of that,” Kimbal replied. However, after his successful career as a businessman that has included many acquisitions and mergers, Kimbal said he doesn’t consider bankers’ opinions to be of significant value. “I avoid them whenever I can. Bankers are involved to make a deal happen. I don’t put much stock in what they have to say.”

Advertisement
-->

Shareholders of Tesla stock feel that the acquisition was unfair and may have been a bailout plan for SolarCity founders Lyndon and Peter Rive, cousins of both Elon and Kimbal. The shareholders who brought the trial on believe that Musk might have applied unfair pressure to the Tesla board. Musk denies these claims and said he had “no material role” in the decision to acquire SolarCity.

Elon Musk makes opening remarks in SolarCity trial, defends Tesla’s $2.6B acquisition

Elon Musk has sparred with opposing lawyer Randy Baron since the beginning of the trial. The Tesla CEO has called Baron “a bad human being” and has called his questions “deceptive.”

The trial is expected to go on for two weeks, according to Judge Slights. Slights will then deliberate and come to a verdict on his own.

Don’t hesitate to contact us with tips! Email us at tips@teslarati.com, or you can email me directly at joey@teslarati.com.

Advertisement
-->

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

Cybertruck

Tesla updates Cybertruck owners on timeline of massive feature yet to ship

Published

on

Credit: Tesla

Tesla is updating Cybertruck owners on its timeline of a massive feature that has yet to ship: Powershare with Powerwall.

Powershare is a bidirectional charging feature exclusive to Cybertruck, which allows the vehicle’s battery to act as a portable power source for homes, appliances, tools, other EVs, and more. It was announced in late 2023 as part of Tesla’s push into vehicle-to-everything energy sharing, and acting as a giant portable charger is the main advantage, as it can provide backup power during outages.

Cybertruck’s Powershare system supports both vehicle-to-load (V2L) and vehicle-to-home (V2H), making it flexible and well-rounded for a variety of applications.

However, even though the feature was promised with Cybertruck, it has yet to be shipped to vehicles. Tesla communicated with owners through email recently regarding Powershare with Powerwall, which essentially has the pickup act as an extended battery.

Powerwall discharge would be prioritized before tapping into the truck’s larger pack.

Advertisement
-->

However, Tesla is still working on getting the feature out to owners, an email said:

“We’re writing to let you know that the Powershare with Powerwall feature is still in development and is now scheduled for release in mid-2026. 

This new release date gives us additional time to design and test this feature, ensuring its ability to communicate and optimize energy sharing between your vehicle and many configurations and generations of Powerwall. We are also using this time to develop additional Powershare features that will help us continue to accelerate the world’s transition to sustainable energy.”

Owners have expressed some real disappointment in Tesla’s continuous delays in releasing the feature, as it was expected to be released by late 2024, but now has been pushed back several times to mid-2026, according to the email.

Foundation Series Cybertruck buyers paid extra, expecting the feature to be rolled out with their vehicle upon pickup.

Advertisement
-->

Cybertruck’s Lead Engineer, Wes Morrill, even commented on the holdup:

He said that “it turned out to be much harder than anticipated to make powershare work seamlessly with existing Powerwalls through existing wall connectors. Two grid-forming devices need to negotiate who will form and who will follow, depending on the state of charge of each, and they need to do this without a network and through multiple generations of hardware, and test and validate this process through rigorous certifications to ensure grid safety.”

Advertisement
-->

It’s nice to see the transparency, but it is justified for some Cybertruck owners to feel like they’ve been bait-and-switched.

Continue Reading

News

Tesla’s northernmost Supercharger in North America opens

Published

on

Credit: Tesla

Tesla has opened its northernmost Supercharger in Fairbanks, Alaska, with eight V4 stalls located in one of the most frigid cities in the U.S.

Located just 196 miles from the Arctic Circle, Fairbanks’s average temperature for the week was around -12 degrees Fahrenheit. However, there are plenty of Tesla owners in Alaska who have been waiting for more charging options out in public.

There are only 36 total Supercharger stalls in Alaska, despite being the largest state in the U.S.

Eight Superchargers were added to Fairbanks, which will eventually be a 48-stall station. Tesla announced its activation today:

The base price per kWh is $0.43 at the Fairbanks Supercharger. Thanks to its V4 capabilities, it can charge at speeds up to 325 kW.

Despite being the northernmost Supercharger in North America, it is not even in the Top 5 northernmost Superchargers globally, because Alaska is south of Norway. The northernmost Supercharger is in Honningsvåg, Norway. All of the Top 5 are in the Scandanavian country.

Tesla’s Supercharger expansion in 2025 has been impressive, and although it experienced some early-quarter slowdowns due to V3-to-V4 hardware transitions, it has been the company’s strongest year for deployments.

Through the three quarters of 2025, the company has added 7,753 stations and 73,817 stalls across the world, a 16 percent increase in stations and an 18 percent increase in stalls compared to last year.

Tesla is on track to add over 12,000 stalls for the full year, achieving an average of one new stall every hour, an impressive statistic.

Advertisement
-->

Recently, the company wrapped up construction at its Supercharger Oasis in Lost Hills, California, a 168-stall Supercharger that Tesla Solar Panels completely power. It is the largest Supercharger in the world.

Continue Reading

News

Tesla shocks with latest Robotaxi testing move

Why Tesla has chosen to use a couple of Model S units must have a reason; the company is calculated in its engineering and data collection efforts, so this is definitely more than “we just felt like giving our drivers a change of scenery.”

Published

on

Credit: Sawyer Merritt | X

Tesla Model S vehicles were spotted performing validation testing with LiDAR rigs in California today, a pretty big switch-up compared to what we are used to seeing on the roads.

Tesla utilizes the Model Y crossover for its Robotaxi fleet. It is adequately sized, the most popular vehicle in its lineup, and is suitable for a wide variety of applications. It provides enough luxury for a single rider, but enough room for several passengers, if needed.

However, the testing has seemingly expanded to one of Tesla’s premium flagship offerings, as the Model S was spotted with the validation equipment that is seen entirely with Model Y vehicles. We have written several articles on Robotaxi testing mules being spotted across the United States, but this is a first:

Why Tesla has chosen to use a couple of Model S units must have a reason; the company is calculated in its engineering and data collection efforts, so this is definitely more than “we just felt like giving our drivers a change of scenery.”

It seems to hint that Tesla could add a premium, more luxury offering to its Robotaxi platform eventually. Think about it: Uber has Uber Black, Lyft has Lyft Black. These vehicles and services are associated with a more premium cost as they combine luxury models with more catered transportation options.

Tesla could be testing the waters here, and it could be thinking of adding the Model S to its fleet of ride-hailing vehicles.

Reluctant to remove the Model S from its production plans completely despite its low volume contributions to the overall mission of transitioning the world to sustainable energy, the flagship sedan has always meant something. CEO Elon Musk referred to it, along with its sibling Model X, as continuing on production lines due to “sentimental reasons.”

Advertisement
-->

However, its purpose might have been expanded to justify keeping it around, and why not? It is a cozy, premium offering, and it would be great for those who want a little more luxury and are willing to pay a few extra dollars.

Of course, none of this is even close to confirmed. However, it is reasonable to speculate that the Model S could be a potential addition to the Robotaxi fleet. It’s capable of all the same things the Model Y is, but with more luxuriousness, and it could be the perfect addition to the futuristic fleet.

Continue Reading