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Tesla bull weighs in on Delaware Court decision against Musk’s TSLA comp plan

Teslarati

Tesla ( NASDAQ:TSLA ) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time. Now, obviously, this is a jaw-dropper that came down in Delaware.

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Twitter files suit against Elon Musk in Delaware court to enforce buyout deal

Teslarati

On Tuesday, July 12, Twitter officially filed a lawsuit against Elon Musk in the Delaware Court of Chancery. Twitter claims Musk “refused to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests.” — Bret Taylor (@btaylor) July 12, 2022. .”

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Elon Musk’s legal team: Twitter ordered whistleblower to destroy evidence

Teslarati

Elon Musk’s legal team threw some allegations against Twitter in a recent filing, with the Tesla CEO’s camp alleging that the social media company had ordered whistleblower Peiter “Mudge” Zatko, its former head of security, to destroy evidence as part of his severance package. Judge Kathaleen St. per share. .

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Tesla shareholders are taking a stand against law firm’s $6B TSLA stock request

Teslarati

Is the law firm behind the legal complaint that ultimately rescinded Elon Musk’s 2018 pay package looking to get overpaid? The case was filed by a thrash metal drummer and car enthusiast, Richard Tornetta, who held nine TSLA shares when the legal complaint was filed. A growing number of Tesla shareholders say so.

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Elon Musk asks Tesla shareholders to vote for incorporation move to Texas

Baua Electric

Earlier this week, a judge in Delaware, where Tesla is incorporated, sided with a Tesla shareholder who filed a lawsuit that claimed Tesla’s board misled investors when presenting its 2018 CEO compensation plan. Why was Tesla in Delaware in the first place? Tesla has nothing to do with Delaware.

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Tesla can rebound with these 10 turnaround ideas: Wedbush

Teslarati

Dan Ives, an analyst at Wedbush who has been routinely bullish on the stock, was one of the most vocal personalities on Wall Street yesterday as varying ideas surrounding the narrative of the Earnings Call circulated. Ives called the call a “train wreck,” and talked about the lack of information Tesla reported during Earnings.

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Elon Musk makes opening remarks in SolarCity trial, defends Tesla’s $2.6B acquisition

Teslarati

Elon Musk has made his opening remarks in a Wilmington, Delaware, courthouse on Monday morning, defending Tesla’s $2.6 Musk commented on questions asked by his attorney, Evan Chesler, initially, stating that the nature of the transaction did not result in any monetary gain for him personally.

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