Elon Musk Might Get Thrashed by Lawsuit From Heavy Metal Drummer

There is a chance that Musk's will get shredded.

A shareholder derivative lawsuit was filed against Musk and the company's board by a former drummer who made a small investment in the company.

The case will kick off in a Delaware court on Monday with Musk's own testimony and the same judge who oversaw his initial bid to get out of his chaoticTwitter deal.

If Tornetta were to win, Musk's stock grants pay package worth $55 billion would have to be revoked, a potentially devastating blow, since Musk has already been selling offTesla stock to fund his acquisition of the social networking site.

While these kinds of lawsuits are usually dismissed as nuisance suits by business groups, this case looks different.

Tornetta, who runs an aftermarket car parts company and used to drum for a metal band called "Dawn of Correction", claims that the board ofTesla had undisclosed conflicts.

CNBC reported in March that Musk's suit claimed that he came up with his own pay plan with help from his former divorce attorney Todd Maron.

The bar for hitting 12 performance targets was set too low by Musk. The plan allows Musk to buy a percentage of the company's stock at a discount.

When shareholders voted on the pay package, three of the 12 goals had already been met, according to Tornetta's lawyers.

During a difficult time, the targets kept Musk on track, and eventually led to a huge rise in stock price, according to Musk and his legal team.

The plan designed and approved by the board was not a typical pay package intended to compensate the ordinary executive for overseeing the day-to-day operations of a mature company, according to Musk's attorney.

We can't do anything until we know if the lawsuit will make a difference in court.

There is a battle with a heavy metal drummer.

There is a software patch for the cars that do not lose power steering.