A legal expert and former New York City-based portfolio manager has jumped into the debate surroundingTesla, Inc.'s (NASDAQ:TSLA) shareholder vote to reinstate CEOElon Musk's 2018 compensation plan, which was voided by a Delaware court, citing the lack of sufficient information provided to shareholders.

What Happened: Lawrence Fossi, in a Substack post,delved into why the Tesla board probably chose to seek a shareholder vote for ratifying the old pay package rather than "starting from scratch with a new grant."

"I think there are two clear answers, one for Tesla and one for Musk," he wrote.