Tesla Inc. and a legal scholar have intensified their confrontation concerning allegations that Elon Musk attempted to intimidate the academic from participating in a high-profile legal case. The case in question invalidated Musk’s considerable $56 billion compensation package.
Retired University of Delaware professor Charles Elson contends that Musk and Tesla employed aggressive tactics to dissuade him from submitting a court document related to an investor vote aimed at ratifying Musk’s compensation. This dispute emerged during court brief exchanges and reached the public domain on May 13, when Elson announced his resignation from a consultancy position, attributing his departure to what he described as coercive actions by Tesla.
Tesla, on the other hand, argues that Elson’s claims are part of a calculated effort to sway the opinions of Tesla shareholders ahead of their upcoming annual meeting where the compensation package will be a key focus. Both sides have filed detailed court briefs regarding the flap.
For further information, you can read the full article on Bloomberg Law.