Investor Hits Tesla With Derivative Suit Over Musk’s Tweets

Mealey's (February 14, 2019, 1:51 PM EST) -- WILMINGTON, Del. — Tesla Inc.’s board of directors breached their fiduciary duty and violated federal securities laws by failing to properly oversee the actions and communications of CEO Elon Musk, an investor argues in a shareholder derivative complaint filed Feb. 11 in Delaware federal court (Melvyn Klein v. Elon Musk, et al., No. 19-0298, D. Del.)....