Tesla's board may not be able to rein in Musk

Tesla's board may not be able to rein in Musk

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/08/teslas-board-may-not-be-able-to-rein-in-musk.html

Tesla CEO Elon Musk's recent tweet mocking federal regulators may be a sign that Tesla's board of directors can't control his behavior — no matter what the consequences, a former federal securities attorney said Monday.

Musk stoked more controversy last week when he sent out a tweet referring to the Securities and Exchange Commission as the "Shortseller Enrichment Commission" after settling fraud charges with the agency for making allegedly misleading statements about having the funding needed to take Tesla private.