• Elon Musk accused of illegally selling $7.5 billion in Tesla stock in Q4 2022.
  • Lawsuit alleges Musk and board violated fiduciary duties by selling shares ahead of disappointing vehicle sales data.
  • Shareholder seeks disgorgement of $3 billion in illegal gains and damages from directors for reckless behavior.
  • Hotzilla@sopuli.xyz
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    5 months ago

    They are accepting his request to give him 50b$ worth of extra stock, at the same time as they are laying off people. What a joke.