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Tesla Business Litigation

Fenwick & West LLP

Judge Validates Tesla Reincorporation

Fenwick & West LLP on

Following the decision that validated The Trade Desk’s reincorporation from Delaware to Nevada back in November 2024, the judge overseeing the challenged reincorporation of Tesla from Delaware to Texas has ruled that Tesla’s...more

Adler Pollock & Sheehan P.C.

Twitter Fingers and Delaware’s Court of Chance(ry)

In a seemingly Hollywood marriage, Elon Musk—the Chief Executive Officer of Tesla and SpaceX (“Mr. Musk”)—stated he is terminating his agreement to purchase Twitter, Inc. (“Twitter”) for $54.20 per share or about $44 billion...more

Porter Hedges LLP

Business Litigation Alert: "The Tesla Lesson When An Electric CEO Threatens The Company's Future"

Porter Hedges LLP on

On August 7, 2018, Tesla CEO Elon Musk shocked Wall Street and surprised his board of directors. He announced via Twitter that he was “considering” taking the company private at $420 per share and, importantly, that he had...more

Cadwalader, Wickersham & Taft LLP

Delaware Chancery Court Finds Elon Musk May Be Controlling Stockholder of Tesla Motors

On March 28, 2018, in In re Tesla Motors, Inc. Stockholder Litigation, the Delaware Court of Chancery denied a motion to dismiss a lawsuit brought by stockholders of Tesla Motors, Inc. (“Tesla” or the “Company”)....more

Morris James LLP

Court Of Chancery Holds That Wrong Forward Looking Statement Insufficient To Support Records Inspection

Morris James LLP on

It is not enough that certain forward-looking statements failed to come true to justify requiring an inspection of corporate records. More evidence of wrongdoing is needed if your inspection is based on a theory of...more

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