NY Comptroller Sues Tesla and Musk Over Fiduciary Breach
New York City Comptroller Brad Lander has filed a lawsuit against Tesla and CEO Elon Musk, alleging breaches of fiduciary duties to the company’s shareholders. The city, which owns 3 million shares in Tesla, is seeking damages for losses of nearly $300 million due to Musk’s alleged mismanagement. Lander claims that since Musk took over … Read more