In its lawsuit, the companies say the feds shortchanged them $14.6 million.
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Generally, when we hear stories about the federal government ripping off the businessman, we tend to think of tales of tax increases or burdensome regulations. But a different type of story crosses our desk this weekend, as a solar power consortium – who already received a quarter billion in grants and tax incentives – takes Uncle Sam to the courthouse because they feel they should have gotten millions more.
Federal investigators will spend the next year going through the books of two solar-energy companies tied to billionaire Elon Musk in an effort to show the businesses overvalued sales contracts in order to claim millions in federal assistance.