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SAN FRANCISCO: A Tesla shareholder filed a lawsuit on Thursday accusing chief executive officer Elon Musk of insider trading when he sold over US$7.5 billion (RM35.3 billion) of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public.
Shareholder Michael Perry, in the lawsuit filed in Delaware Chancery Court, said that Tesla's share price plummeted after the company's fou
Where is the Minority Shareholder Watch Group on this? the securities commission canmot be depended as they are completely useless. The above should be served as a reminder to SC on their useless corporate governance which may deter foreign investors..
