The Traderszone Network

Published in TZ Latest News 16 May, 2017 by The TZ Newswire Staff

Elon Musk’s Cousin, Former SolarCity CEO, Is Leaving Tesla Inc

From Tyler Durden: Last June, when Tesla unexpectedly announced it would acquire the cash burning behemoth that was SolarCity, which at the time was run by Lyndon Rive, a cousin of Elon Musk, many quickly alleged the transaction was nothing short of a less than “arm’s length” bailout by Musk of both SolarCity and Rive.

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