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It’s so illegal I think it might even be sufficient to pierce the corporate veil and charge Musk directly with attempted blackmail. I mean, that’s what he’s trying to do - blackmail and extort Tesla shareholders.
It only took one shareholder to sue and invalidate his last compensation package. I suspect that same shareholder or a few others are game to try it again, especially if this time it’s coming from a more direct threat to the company and those shares’ value.
It’s so illegal I think it might even be sufficient to pierce the corporate veil and charge Musk directly with attempted blackmail. I mean, that’s what he’s trying to do - blackmail and extort Tesla shareholders.
It only took one shareholder to sue and invalidate his last compensation package. I suspect that same shareholder or a few others are game to try it again, especially if this time it’s coming from a more direct threat to the company and those shares’ value.