Tesla asked law firm to fire attorney who worked on Elon Musk probe at SEC, report says

[Yo_Mama_Been_Loggin]

Source: CNBC

A lawyer for Tesla asked a law firm to fire one its attorneys or risk losing its work for the electric automaker led by Elon Musk, The Wall Street Journal reported Saturday.

The lawyer that Tesla wanted Cooley LLP to fire previously worked at the U.S. Securities and Exchange Commission. The attorney interviewed Musk in the agency's probe into the Tesla CEO's 2018 claim that he obtained funding to take Tesla private, according to the publication. The investigation led to a settlement under which Musk and Tesla agreed to pay a $20 million fine each and Musk agreed to step down for three years as Tesla chairman.

Tesla's lawyer late last year asked Cooley to fire the attorney who worked on the SEC investigation, the Journal reported, citing people familiar with the matter. The firm did not remove the associate.

Tesla has moved to replace Cooley or hire additional lawyers on several cases since December, according to the Journal.

Read more: https://www.msn.com/en-us/money/companies/tesla-asked-law-firm-to-fire-attorney-who-worked-on-elon-musk-probe-at-sec-report-says/ar-AASOEIs?li=BBnb7Kz

[Casady1]

1. What a major asshole

Cooley is a very fine firm. I know them very well. Kudos to the firm.

[PortTack]

2. Musk is going to continue to be trouble!

[bucolic_frolic]

3. Do this or else

Extortion?

[Calista241]

5. This happens all the time. And for lesser reasons.

[OnlinePoker]

4. If you can't trust your legal representatives to work in your best interests, you get rid of them

I don't see what the issue is here.

[muriel_volestrangler]

7. It's intimidation of lawyers who work for the government

"Do your job, and we'll make sure you're never employed in the private sector again". It's not about whether they trust them; it's a way to hobble any investigation into them. Unless you believe that all government lawyers are biased against corporations.

[lonely bird]

8. Well...

Tesla should have simply fired the firm as counsel instead of demanding the firm fire the attorney.

[dchill]

6. That's your person of the year right there.