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The Guardian - US
The Guardian - US
Technology
Edward Helmore in New York

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

Elon musk with scraggly beard.
Elon Musk’s $56bn payout was blocked by a Delaware judge after a shareholder lawsuit. Photograph: Reuters

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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