Article 6MSVH Law professor says Tesla threatened to fire law firm over Musk’s huge payout

Law professor says Tesla threatened to fire law firm over Musk’s huge payout

by
Edward Helmore in New York
from Technology | The Guardian on (#6MSVH)

Charles Elson accused EV company of strong-arming law firm where he consulted over his legal brief opposing Musk's pay

A leading professor of corporate governance has accused Tesla of threatening to fire one of its law firms over his objections to Elon Musk's claim to a massive $56bn compensation package.

Retired professor Charles Elson of the University of Delaware alleged in a legal filing on Monday that Holland & Knight, a law firm that he has worked for over close to three decades, told him that Tesla threatened to end its relationship with the firm unless he dropped plans to submit a legal brief to a shareholder lawsuit opposing the controversial payout, the largest in US history.

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