The Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning Q4 vehicle sales would not deliver the 'epic end of year' he promised investors.
  • Elon Musk accused of illegally selling $7.5 billion in Tesla stock in Q4 2022.
  • Lawsuit alleges Musk and board violated fiduciary duties by selling shares ahead of disappointing vehicle sales data.
  • Shareholder seeks disgorgement of $3 billion in illegal gains and damages from directors for reckless behavior.
  • @mudstickmcgee@sh.itjust.works
    15•23 days ago

    Would be a pretty funny “prison break esque” movie though.

    The key to escape is Donald’s tiny hands can reach things other prisoners hands are to big for.

    • @Honytawk@lemmy.zip
      8•23 days ago

      And Elmo creates the perfect diversion by convincing every other prisoner to invest in prison coins, only to pump and dump em causing a riot.