Tesla, Elon Musk and Board
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A group of 27 major Tesla shareholders urged the electric automaker's board on Wednesday to set a date for its annual shareholder meeting this year, citing legal obligations and growing governance concerns.
Dan Ives, an analyst with Wedbush Securities, wrote that Musk's continued push into politics was "exactly the opposite direction" investors wanted to see.
Tesla shares rebounded 2% in early trading on Tuesday, recovering some ground after a sharp sell-off the previous day sparked by CEO Elon Musk’s announcement of a new political party. The partial recovery came amid a broader market calm,
Tesla is Elon Musk. Elon Musk is Tesla. Rarely has a company’s identity been so inextricably linked to its CEO, for better and for worse. For years, this fusion was a superpower, giving Tesla an innovative mystique that captivated investors and propped up its valuation. Now, that same connection has become a massive liability.
Trump’s budget bill could cost Tesla billions of dollars in credit sales. And Elon Musk’s promise to create a third political party is creating its own headaches.
By David Goldman, CNN. Tesla’s board in March contacted multiple executive placement firms to begin a search process for a new CEO to replace Elon Musk at the helm of the embattled electric car ...
Nicolai Tangen, CEO of Norges Bank Investment Management, discusses his relationship with Tesla CEO Elon Musk and why there's no bad blood.