Tesla (TSLA) - Get Tesla Inc Report CEO Elon Musk and his legal team will face off against some of Tesla’s bigger shareholders today to defend against allegations Musk used his influence at Tesla to fund a 2016 bailout of SolarCity.
The union pension funds and asset managers serving as the plaintiff in the civil case want Musk to repay to Tesla the cost of the $2.6 billion deal and to surrender the profits on his SolarCity stock. If successful, it would mark one of the largest judgments against an individual, TheStreet's Corey Goldman reported.
In the video above, Jim Cramer argued Elon Musk's argument ahead of his testimony in the Solar City lawsuit.
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