Tesla shareholders reject bid to strip Musk of chairman role

Tesla shareholders reject bid to strip Musk of chairman role

6 years ago
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https://apnews.com/386447de1b8a45f0a8ed8b95224479cf

SAN FRANCISCO (AP) — Tesla CEO Elon Musk has rebuffed a shareholder attempt to overhaul the electric car maker's board and strip him of his role as chairman, despite worries about the company's shaky finances and inability to meet its production goals for its first mass-market sedan.

All three directors seeking to remain on Tesla's nine-member board were re-elected during the company's annual meeting held Tuesday in Mountain View, California.