Tesla shareholders furious with Elon Musk have 2 main options to advocate for a change 

Quick Summary:

Launching a lawsuit against Musk is unlikely to work, says a legal scholar.

But that could change, says Tim Rowley, a professor of strategic management at the University of Toronto’s Rotman School of Management, who believes that Tesla is uniquely vulnerable to a retail investor revolt given the higher percentage of shares owned by individual buyers.

Contrary to institutional investors who are feeling some pressure to drop Tesla stock, retail investors have shown loyalty and support for Musk over the past few weeks.

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Article Details

Author / Journalist: Lila MacLellan

Category: EconomyBusiness

Markets: United States

Topics: Protest Shareholder activism Shareholders Donald Trump U.S. Politics DOGE Tesla Elon Musk Corporate boards of directors Corporate Governance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 18:10:50 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 882 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 221 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27387480

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Official Website: fortune.com

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