There was a lawsuit over the previous giant pay package. And I recall at least threats of legal action over Elon siphoning resources from Tesla to his other companies. However, the move to Texas allows them to require at least 3% stock ownership to sue as a shareholder.
At this point, anyone who chooses to own Tesla stock is unlikely to sue anyway since they’d have to be completely unaware, an idiotic true believer, or just someone who is fully aware and is betting that the bullshit inflating the stock price will be able to push it even higher. The first two wouldn’t know to sue and the third would only be bursting the bubble their trying to ride.
There was a lawsuit over the previous giant pay package. And I recall at least threats of legal action over Elon siphoning resources from Tesla to his other companies. However, the move to Texas allows them to require at least 3% stock ownership to sue as a shareholder.
At this point, anyone who chooses to own Tesla stock is unlikely to sue anyway since they’d have to be completely unaware, an idiotic true believer, or just someone who is fully aware and is betting that the bullshit inflating the stock price will be able to push it even higher. The first two wouldn’t know to sue and the third would only be bursting the bubble their trying to ride.