Tesla's change in bylaws to limit shareholder lawsuits slammed by New York state officials

cnbc.com/2025/07/16/tesla-change-to-limit-shareholder-suits-slammed-by-new-york-officials.html

In May, Tesla changed its corporate bylaws in a way that would require investors to own 3% of the stock, today worth about $30 billion, in order to file a derivative lawsuit against the company for breach of fiduciary duties. Authorities in New York State are now asking Tesla to delete…

This story appeared on cnbc.com, 2025-07-16 18:33:36.
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