With Tesla stock cratering, can shareholders sue Elon Musk?
The Substantive Law
Tesla’s Q1 earnings report dropped like a rock—net income fell 71%, and much of the drop is being attributed to consumer backlash over Elon Musk’s increasingly political persona. Musk, now serving in the Trump administration as a “cost-cutting czar,” has brought a new wave of media heat to himself—and to Tesla.
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