U.S. senator Warren questions Musk purchase of Twitter
board of directors failed to meet its legal responsibility to protect the company and shareholders in the aftermath of Chief Executive Elon Musk's acquisition of Twitter, and questioned the reported use of Tesla employees at the social media company.
Warren said Musk had not explained how he is managing conflicts between his role as Twitter CEO and his position at Tesla. Warren's letter, which was reported earlier by the New York Times, comes as some investors have raised questions about Musk's involvement with Twitter. Leo KoGuan, a major individual Tesla shareholder, wrote on Twitter earlier that Musk "abandoned Tesla and Tesla has no working CEO. Tesla needs and deserves to have working full time CEO."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. senator Warren questions Musk purchase of TwitterDemocratic Senator Elizabeth Warren on Monday raised concerns that Tesla Inc's board of directors has failed to meet its legal responsibility to protect the electric vehicle maker in the aftermath of company Chief Executive Elon Musk's acquisition of Twitter, and questioned the reported use of Tesla employees at the social media company.
Read more »
Musk promised Tesla would benefit from his Twitter misadventure, but Wall Street is worriedElon Musk continues to sell Tesla stock to cover his Twitter project, totaling over $20 billion. Investors are worried about Tesla's future.
Read more »
Twitter voters favor Elon Musk stepping down, as Tesla shares riseNearly 58% or about 17.5 million Twitters votes were cast in favor of Elon Musk stepping down from the company, Musk's Twitter account said Monday. Meanwhile...
Read more »
Tesla stock price rises as Twitter users vote for Musk to quit as CEOTesla shares rise almost 5% as a Twitter poll shows people want Elon Musk to step down as the platform's CEO
Read more »
Tesla stock jumps after poll tells Elon Musk he should step away from Twitter“No one wants the job who can actually keep Twitter alive,” Musk said in another post. “There is no successor.”
Read more »
Poll shows Twitter users favor removal of Elon Musk, sending shares of Tesla higherAbout 17.5 million Twitter votes were cast in favor of Elon Musk stepping down from the company, Musk’s Twitter account said Monday, a day after he posed the question to users of the social media platform.
Read more »