Musk Just ‘Doing His Job’ on SolarCity Deal, Ally Says (Correct)

Elon Musk was acting as a proper chief executive officer as Tesla Inc. weighed the purchase of power provider SolarCity in 2016, his longtime ally and fellow Tesla director Antonio Gracias told a judge.

A two-week trial over the billionaire CEO’s role in the $2 billion transaction wrapped up on Monday, and now Judge Joseph Slights III must decide whether Musk -- who was the solar company’s chairman and largest shareholder at the time -- properly removed himself from the deal to avoid conflicts of interest.

Gracias, the last witness, was questioned by Musk’s attorney about the 50-year-old chief’s role ...