elon musk

Tesla CEO Elon Musk defended the company’s board of directors on Friday via Twitter.
“The Tesla board has done incredible work overseeing the largest value creation in the auto industry in 100+ years, despite many setbacks. Tesla owes its very existence to this board!” Musk said via Twitter in response to a Forbes article that questioned the board’s performance.
Questions have been raised about the board’s independence and effectiveness, as many board members have longtime relationships with Musk and have invested in his other companies.

Tesla CEO Elon Musk defended the company’s board of directors on Friday via Twitter.

“The Tesla board has done incredible work overseeing the largest value creation in the auto industry in 100+ years, despite many setbacks. Tesla owes its very existence to this board!” Musk said in response to a Forbes article that questioned the board’s performance.

Questions have been raised about the board’s independence and effectiveness, as many board members have longtime relationships with Musk and have invested in his other companies. Musk’s brother, Kimbal, is also on the board.

While the board’s public statements have indicated its support of Musk, two New York Times reports have suggested that some of …read more


Source:: Businessinsider – Finance

      

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