
Ay Caramba! Tesla's New Rule
Alright dudes and dudettes listen up! Tesla that electric car company run by that dude who thinks he's from the future Elon Musk just pulled a fast one. They changed their rules so it's like way harder for shareholders to sue them. I'm talking 'eat my shorts' kinda hard. Apparently they're saying if you wanna bring a lawsuit against them because you think the bigwigs are messing up you gotta own at least 3% of the company. 3%! That's like a gazillion dollars worth of stock! Who's got that kind of dough besides Mr. Burns?
Texas the New Springfield?
Turns out Tesla's doing this 'cause they moved their headquarters to Texas. And Texas has this law that lets companies make it super tough to sue. Some brainiac lawyer type named Ann Lipton (not to be confused with Milhouse's mom) says this is a huge barrier for anyone trying to hold Tesla accountable. It's like Krusty Burger putting extra pickles on your Krabby Patty you can't do anything about it!
Remember Delaware? Doh!
Before Tesla went all Lone Star State they were in Delaware. And get this some random shareholder with like nine shares sued them and WON! The judge said Elon was basically running the whole show and the board was just his yes men. They even tried to weasel him out of a huge bag of money! That's why Elon was all like 'Never incorporate in Delaware!' Guess he learned his lesson unlike me with my pranks on Principal Skinner. He always falls for 'em!
Tornetta vs. Tesla: The Lawsuit That Launched a Thousand Tweets
This whole shebang started with a case called the Tornetta decision. Some dude named Richard Tornetta (sounds like a name Homer would make up) sued Tesla and the judge sided with him! It was like a real life Itchy & Scratchy cartoon but with lawyers instead of a cat and mouse. Now Tesla's appealing it and the Delaware Supreme Court is gonna decide if Elon gets to keep his massive pile of cash. I bet he's sweating more than Homer at a donut convention.
From Zero to Hero to... Texas?
After getting pantsed in Delaware Tesla packed its bags and headed to Texas. Smart move right? Now they can make it almost impossible for us little guys to sue them. It's like when I try to sneak out of the house – gotta find the loophole man! But just like my schemes this could backfire. You never know when karma will bite you in the butt like when Lisa beats me at video games.
Will Elon Keep His Doughnuts?
So the big question is will Elon get to keep his $56 billion pay package? The Delaware Supreme Court holds the answer and it's gonna be like a real life episode of 'Law & Order,' except with more electric cars and fewer detectives. Stay tuned dudes. This is gonna be bigger than the time I replaced the school's milk with chocolate syrup! (Okay maybe not *that* big but still pretty epic). Cowabunga!
Chevron
This is why I stick to pranks. Less complicated.