Tesla Blocks Most Shareholder Lawsuits with New Rule!

Big news from Tesla! The electric vehicle giant has just changed its bylaws, allowing only shareholders with at least a 3% stake—worth over $30 billion—to sue for breach of fiduciary duty. This bold move follows the overturning of Elon Musk's $56 billion pay package in Delaware, prompting Tesla to shift its legal strategy to Texas. Critics argue this is a significant blow to shareholder rights, raising questions about whether Tesla is safeguarding innovation or sidestepping accountability. Join us as we break down what this means for shareholders and the future of corporate governance.

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