"Elon Musk's Corporate Moves and Unlikely Foe: A Drummer's Defeat"

TL;DR Summary
Elon Musk lost a $56 billion pay package in a legal battle brought by Richard Tornetta, a former thrash metal drummer with just nine shares of Tesla. The judge voided the deal, ruling it unfair to shareholders. Tornetta's case highlights the role of individual investors in corporate litigation, as they can hold companies accountable and save billions of dollars. This case is seen as a significant event in corporate law, with experts emphasizing the importance of such individuals in policing boardrooms.
- Elon Musk’s unlikely foe in $56bn pay defeat: US thrash metal drummer The Guardian
- Musk seeks Tesla shareholder vote on moving incorporation to Texas Yahoo Finance
- Breaking down Elon Musk’s wealth, company by company The Washington Post
- The Lawyer—and Drummer—Who Felled Elon Musk's $55.8 Billion Compensation Package The Wall Street Journal
- Elon Musk says Tesla shareholders will vote ‘immediately’ on quitting Delaware for Texas CNN
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