Tesla Shareholders Sue Musk in Delaware While They Still Can (1)

Elon Musk’s bid to leave Delaware, the state of corporate litigation, is drawing a flurry of lawsuits from Tesla Inc. shareholders before the company escapes to Texas.

At least three suits accusing Musk of various forms of mismanagement have landed in Delaware Chancery Court in the last week. They arrived just before the billionaire entrepreneur persuaded shareholders at Tesla’s annual meeting Thursday to back proposals to revive his $56 billion pay package and reincorporate the electric-car maker in the company-friendly Lone Star state.

In one lawsuit, the world’s third-richest person was blasted for allegedly trying to force investors into ...