Tesla Shareholder Files Lawsuit in United States Delaware Against Elon Musk for Insider Trading by Selling $7.5 Billion of Tesla Shares in Late 2022 Before Tesla Announced Decline in Tesla Car Production 

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Tesla Shareholder Files Lawsuit in United States Delaware Against Elon Musk for Insider Trading by Selling $7.5 Billion of Tesla Shares in Late 2022 Before Tesla Announced Decline in Tesla Car Production 

6th June 2024 | Hong Kong

A Tesla shareholder (Michael Perry) has filed a lawsuit in United States Delaware against Tesla CEO Elon Musk for insider trading by selling $7.5 billion of Tesla Shares in late 2022 before Tesla announced (2/1/23) decline in Tesla car production.  On 13th June 2024, Tesla is seeking to ask investors to vote to approve Elon Musk voided $55 billion pay package, and to move incorporation to Texas.  In February 2024, a United States Delaware court voided Elon Musk $55 billion Tesla CEO pay package and ruled the compensation as excessive, after a shareholders lawsuit in 2022 citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  (Elon Musk has a current fortune of $205 billion, and may lose around $55 billion fortune to $150 billion, should he decide not to appeal).  The 3 law firms who had won & voided Elon Musk $55 billion Tesla CEO pay package lawsuit have filed for a record $6 billion in legal fees to a Delaware court (United States).  The 3 law firms are Bernstein Litowitz Berger & Grossmann, Friedman Oster & Tejtel and Andrews & Springer.  In 2023, a 5-day United States court trial has ended (21/2/23) for the shareholders lawsuit to void Elon Musk $55 billion pay packages tied to Tesla share price, citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  The ruling by United States Delaware court Chancellor Kathaleen McCormick will be announced at least a few months later.   Tesla share price is trading around $196 (24/2/23) and traded around $22 5 years ago (2018), representing 890% increase in share performance.   In 2022 June, Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme.  In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law.  More info below:

“ Tesla Shareholder Files Lawsuit in United States Delaware Against Elon Musk for Insider Trading by Selling $7.5 Billion of Tesla Shares in Late 2022 Before Tesla Announced Decline in Tesla Car Production “

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Tesla to Ask Investors to Vote to Approve Elon Musk Voided $55 Billion Pay Package & to Move Incorporation to Texas, United States Delaware Court Had Voided Elon Musk $55 Billion Tesla CEO Pay Package in February 2024 & Ruled the Compensation as Excessive,  Shareholders Lawsuit in 2022 Cited Material Misleading Disclosure in 2018 on Elon Musk Involvement in the Compensation Discussion & Unjustly Enriched Himself

20th April 2024 – Tesla is seeking to ask investors to vote to approve Elon Musk voided $55 billion pay package, and to move incorporation to Texas.  In February 2024, a United States Delaware court voided Elon Musk $55 billion Tesla CEO pay package and ruled the compensation as excessive, after a shareholders lawsuit in 2022 citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  (Elon Musk has a current fortune of $205 billion, and may lose around $55 billion fortune to $150 billion, should he decide not to appeal).  The 3 law firms who had won & voided Elon Musk $55 billion Tesla CEO pay package lawsuit have filed for a record $6 billion in legal fees to a Delaware court (United States).  The 3 law firms are Bernstein Litowitz Berger & Grossmann, Friedman Oster & Tejtel and Andrews & Springer.  In 2023, a 5-day United States court trial has ended (21/2/23) for the shareholders lawsuit to void Elon Musk $55 billion pay packages tied to Tesla share price, citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  The ruling by United States Delaware court Chancellor Kathaleen McCormick will be announced at least a few months later.   Tesla share price is trading around $196 (24/2/23) and traded around $22 5 years ago (2018), representing 890% increase in share performance.   In 2022 June, Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme.  In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law.  More info below:

3 Law Firms Who Won & Voided Elon Musk $55 Billion Tesla CEO Pay Package Lawsuit Filed for Record $6 Billion Legal Fees, 3 Law Firms are Bernstein Litowitz Berger & Grossmann,  Friedman Oster & Tejtel and Andrews & Springer

2nd March 2024 – The 3 law fiirms who had won & voided Elon Musk $55 billion Tesla CEO pay package lawsuit have filed for a record $6 billion in legal fees to a Delaware court (United States).  The 3 law firms are Bernstein Litowitz Berger & Grossmann, Friedman Oster & Tejtel and Andrews & Springer.  In February 2024, Elon Musk Tesla (31/1/24: $596 billion market value) had seeked to hold a Tesla shareholder vote to move incorporation from Delaware to Texas after losing the $55 billion CEO pay package lawsuit.  Elon musk posted a poll on social media platform X to shift to incorporation to Texas with 87% voting yes from 1.1 million votes.  Earlier, a United States Delaware court voided Elon Musk $55 billion Tesla CEO pay package and ruled the compensation as excessive, after a shareholders lawsuit in 2022 citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  Elon Musk has a current fortune of $205 billion, and may lose around $55 billion fortune to $150 billion (should he decide not to appeal).  In 2023, a 5-day United States court trial has ended (21/2/23) for the shareholders lawsuit to void Elon Musk $55 billion pay packages tied to Tesla share price, citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  The ruling by United States Delaware court Chancellor Kathaleen McCormick will be announced at least a few months later.   Tesla share price is trading around $196 (24/2/23) and traded around $22 5 years ago (2018), representing 890% increase in share performance.   In 2022 June, Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme.  In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law.  More info below:

Elon Musk $596 Billion Tesla to Hold Shareholder Vote to Move Incorporation from Delaware to Texas after Losing $55 Billion CEO Pay Package Lawsuit, Elon Musk Posted Poll on Social Media Platform X to Shift to Texas with 87% Voting Yes from 1.1 Million Votes

1st February 2024 – Elon Musk Tesla (31/1/24: $596 billion market value) is seeking to hold a Tesla shareholder vote to move incorporation from Delaware to Texas after losing the $55 billion CEO pay package lawsuit.  Elon musk posted a poll on social media platform X to shift to incorporation to Texas with 87% voting yes from 1.1 million votes.  Earlier, a United States Delaware court voided Elon Musk $55 billion Tesla CEO pay package and ruled the compensation as excessive, after a shareholders lawsuit in 2022 citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  Elon Musk has a current fortune of $205 billion, and may lose around $55 billion fortune to $150 billion (should he decide not to appeal).  In 2023, a 5-day United States court trial has ended (21/2/23) for the shareholders lawsuit to void Elon Musk $55 billion pay packages tied to Tesla share price, citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  The ruling by United States Delaware court Chancellor Kathaleen McCormick will be announced at least a few months later.   Tesla share price is trading around $196 (24/2/23) and traded around $22 5 years ago (2018), representing 890% increase in share performance.   In 2022 June, Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme.  In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law.  More info below:

United States Delaware Court Voids Elon Musk $55 Billion Tesla CEO Pay Package & Ruled the Compensation as Excessive,  Shareholders Lawsuit in 2022 Cited Material Misleading Disclosure in 2018 on Elon Musk Involvement in the Compensation Discussion & Unjustly Enriched Himself

1st February 2024 – A United States Delaware court has voided Elon Musk $55 billion Tesla CEO pay package and ruled the compensation as excessive, after a shareholders lawsuit in 2022 citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  Elon Musk has a current fortune of $205 billion, and may lose around $55 billion fortune to $150 billion (should he decide not to appeal).  In 2023, a 5-day United States court trial has ended (21/2/23) for the shareholders lawsuit to void Elon Musk $55 billion pay packages tied to Tesla share price, citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  The ruling by United States Delaware court Chancellor Kathaleen McCormick will be announced at least a few months later.   Tesla share price is trading around $196 (24/2/23) and traded around $22 5 years ago (2018), representing 890% increase in share performance.   In 2022 June, Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme.  In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law.  More info below:

5-Day United States Court Trial Ends for Shareholders Lawsuit to Void Elon Musk $55 Billion Pay Packages Tied to Tesla Share Price, Cited Material Misleading Disclosure in 2018 on Elon Musk Involvement in the Compensation Discussion & Unjustly Enriched Himself

25th February 2023 – The 5-day United States court trial has ended (21/2/23) for the shareholders lawsuit to void Elon Musk $55 billion pay packages tied to Tesla share price, citing material misleading disclosure in 2018 on Elon Musk involvement in the compensation discussion & unjustly enriched himself.  The ruling by United States Delaware court Chancellor Kathaleen McCormick will be announced at least a few months later.   Tesla share price is trading around $196 (24/2/23) and traded around $22 5 years ago (2018), representing 890% increase in share performance.   In 2022 June,  Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme.  In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law.

5-Day United States Court Trial Ends for Shareholders Lawsuit to Void Elon Musk $55 Billion Pay Packages Tied to Tesla Share Price, Cited Material Misleading Disclosure in 2018 on Elon Musk Involvement in the Compensation Discussion & Unjustly Enriched Himself

Elon Musk, Tesla & SpaceX Receive $258 Billion Class Action Lawsuit for Defrauding & Promoting Dogecoin Pyramid Scheme

17th June 2022 – Elon Musk, Tesla & SpaceX have received a $258 billion class action lawsuit for defrauding & promoting Dogecoin pyramid scheme.  In the filing by American citizen Keith Johnson in a federal Manhattan court (New York, United States), the class action lawsuit seeks $258 billion in total damages, an order blocking Elon Musk & companies from promoting Dogecoin, and declaring Dogecoin trading as gambling under United States & New York law.  In the filing: “Dogecoin is not a currency, stock, or security. It’s not backed by gold, other precious metal, or anything at all. You can’t eat it, grow it, or wear it … … It doesn’t pay interest or dividend. It has no unique utility compared to other cryptocurrencies … … It’s not secured by a government or private entity.  It’s simply a fraud whereby ‘greater fools’ are deceived into buying the coin at a higher price.”

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