Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low

cross-posted from: https://programming.dev/post/15086231

• Elon Musk accused of illegally selling $7.5 billion in Tesla stock in Q4 2022.
• Lawsuit alleges Musk and board violated fiduciary duties by selling shares ahead of disappointing vehicle sales data.
• Shareholder seeks disgorgement of $3 billion in illegal gains and damages from directors for reckless behavior.