Tripp is suing the company for at least $1 million on grounds of defamation, invasion of privacy and for causing emotional distress. He has also accused Musk of raising false allegations of bribery against him through a tweet.
Tesla said that it conducted a thorough inquiry into these matters and found no base to these charges
The second lawsuit against Elon Musk was filed by three ex-employees of SolarCity who said they were wrongfully terminated after they uncovered false sales accounts used to fudge the company’s valuation and defend certain bonus payments. They said they brought the issue to the management’s notice but ended up being dismissed early last year.
Tesla said that it conducted a thorough inquiry into these matters and found no base to these charges.
Tesla shares were trading down 0.5% at 11:45AM ET. The company is set to report earnings aftermarket today.