Tootfinder

Another Tesla shareholder lawsuit
A shareholder has filed a complaint against #Tesla, challenging the two controversial provisions to be voted on at next week’s annual meeting:
🔸the gargantuan proposed pay package
🔸and change of legal domicile from Delaware to Texas

Business Law Prof Blog: In Which Elon Musk (Again) Illustrates Basic Corporate Law Concepts
I swear I wasn’t going to blog about Elon Musk this week; I had several other ideas planned, but then someone went ahead and filed a new complaint in Delaware and I just can’t help myself. In Ball v. Tesla,...

Take 5 in the piece from @… is the most compelling analysis I’ve yet heard of why Tesla shareholders would give such a nonsensically large payout to someone who is — I say this with my software expertise hat on — a technical nincompoop: