Tesla shareholders are angry with Elon Musk, there are 2 key options to make a lawyer to change

Elon Musk became a senior consultant in the President Donald Trump, a hard decline in employees of the billionaire policy and government efficiency has startedEspecially Tesla.

Peaceful protests It is staged In the manufacturer of electric vehicles, but there is also Teslas has been torchedand charging stations were vandalized. Entrepreneur Amazon Sellers now produce hundreds of thousands per month Anti-musk labels For Tesla, there was a political symbol for drivers who took the car. During the last week, the car coincided with the rise of the company, despite the fact that the company is a bit fit in the stock price a total reduction In the stock of Tesla.

According to this unusual situation, the dean, Ann Lipton, the dean for a teacher’s study at the University of Law School, asked to work on the legal trails of the CEO of the energy paths and Tesla to work. In short: Can shareholders sue?

It is a clear question. However, the idea of ​​giving a musk to the sues for Tesla’s losses, the company’s corporate governance and the role of corporate corporations in society are wrong. He says that the joint-stock claim against the musical would be almost failed.

It says instead Fortune, The shareholders have only two real options: try to make new board members or noise or sell their resources.

“The system is not the first resort of allegations, not the first resort, not a recent vehicle that is written in a site is a recent tool for acknowledgment managers Business law Professors.

Why don’t you sue?

Musk and Tesla board were sued by shareholders in the past. Recently, several so-called shareholders (director or officers of the company or officers of the company) have been in allegations (director of the company) rolled into a large case In a court trial in Delahera, where Tesla was previously combined. (Now that’s what united In Texas.)

Lipton, Musk, who said that Tesla will hurt Tesla, claiming that a business is a lack of teeth, because the bidders will be harsh to prove that Tesla planned to hurt Tesla.

Any legal problem, corporate manager, because the corporate manager’s “care of care” and shareholders could not show “loyalty task.” To take a break in the task of care, the observer means that the observer is careless and moving “ignoring one’s position.” But there was no sign that happening. As for his commitment, he wrote: “He can blind the influence of his actions to enter the brand, but it does not take into account any movements that need to be built on behalf of Tesla.”

In addition to giving to the musk, the board will not work in court, as well as professors. The corporate law is intended to ensure how the case works, if the shareholders do not agree with the decision boards. Shareholders can successfully claim when the board cannot control the correct control.

The board with Tesla’s board The musk is Kimbalencountered criticism to be chezy With CEO, but not the same as not to believe in the choices that Lipton managed. In fact, the Board has been disclosed in the latest, including Sec documents Annual reportThe company is “highly addictive” on musk, but does not take the attention and attention of Tesla’s attention. “

“This is the price you have received your CEO for your elon musk,” he says Fortune.

In a legitimate problem, you will not be able to show that the Tesla directors did not pay attention, and he continues. “It can be legally able to be overcome, or even if it can work for the benefits of Tesla, and even it can even think it is close to the power.” “They are the rulings that are the right to make the board.”

Plug

There are other roads against Elon Musk or Tesla’s board and other roads that can vote for shareholders.

Stockhold owners always have a voting option against board members in a company’s annual meeting or come together to meet each other The lawyer struggle Lipton says lipton to put the options’ options on the board.

There is also a simpler choice: the company distributes shares as a form of protest. (A Denmark Pension FundFor example, this recently acted.)

Contrary to institutional investors who feel some pressure Tesla Fund, retail investors We have shown loyalty And support for musk over the past few weeks. However, it can change, Tim Rowley, Toronto’s Rotman Management University Prof.

Tesla takes many anti-car owners, but also shareholders, markers. And Rowley points to the past meme spare rebellions controlled Gamestop And as an example of a possible example of AMC, Musk’s fans should burn it and show a touch of the dissatisfaction.

“When they move,” says “they can do some extreme work on individual shareholders.”

This story was first displayed Fortune.com

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