Tesla-SolarCity Deal May Face Delay From Suits as Cash Burns

Updated on
  • Executives and directors breached duty, four lawsuits allege
  • Any delay may hurt as Tesla and SolarCity deal with finances

A worker for SolarCity carries a solar panel during an install at a home in Kendall Park, N.J.

Photographer: Michael Nagle/Bloomberg

Tesla Motors Inc. faces a potential delay in its acquisition of SolarCity Corp. from four shareholder lawsuits, creating added urgency as both companies use up cash. 

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