A Tesla shareholder is taking legal action to prevent CEO Elon Musk from litigating his compensation outside of Delaware. The shareholder has filed a lawsuit seeking to block Musk from pursuing legal action related to his pay in any jurisdiction other than Delaware.
The lawsuit comes after Musk's controversial compensation package, which has drawn scrutiny from shareholders and corporate governance experts. Musk's compensation plan includes a series of performance-based stock options that could potentially earn him billions of dollars if Tesla meets certain milestones.
