Tesla chief wants to terminate deal but he could be compelled to go through with it or pay a break fee
. Alternatively, the company can also seek a $1bn break fee from Musk for walking away from the deal in contravention of the agreement.
Quinn said Musk’s information requests on spam accounts were not “reasonable” and would not be accepted by the court. “He can’t use unreasonable information requests to create a pretext to claim a violation,” he said. Carl Tobias, Williams chair in law at the University of Richmond, said: “Musk’s filing does not appear to give him strong legal grounds to walk away from the deal. His counsel has only made allegations and arguments for Musk’s position and judges would have to decide whether the evidence that Musk would present is persuasive enough to support ending the deal.
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