Illustration by Alex Castro / The Verge

We will see you in court, after Musk tried to bail on his deal to buy the company.

The board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. The Delaware Court of Chancery is where we are confident we'll win.

If you have followed the twists and turns of this deal, it is not a surprise that you will see a fight between the two companies. After Musk said he would buy and take it private, he began laying the groundwork for why he would back out. Musk was told that he has the correct information and that the merger agreement would be enforced by the company.

The person is developing.