• Members of Tesla's board of directors are lawyering up as crisis around Elon Musk deepens

    1 month ago - By Business Insider

    Some members of Tesla's board of directors are hiring lawyers to protect themselves in the ongoing fallout from CEO Elon Musk's public declarations about taking the company private.
    Fellow board members are also urging Musk to cool it with the public statements about a go-private deal, according to a New York Times story published Tuesday night.
    By all appearances, Musk has ignored that advice.
    In the days since he tweeted that a privatization deal was "funding secured," the chief executive has only waded further into murky legal territory, seemingly hashing out the plan in real time, on...
    Read more ...

     

  • Tesla Directors Do Damage Control After Elon Musk Tweets

    Tesla Directors Do Damage Control After Elon Musk Tweets

    1 month ago - By NY Times

    Tesla's board of directors has hired multiple outside law firms, and a number of board members and Tesla employees have urged Mr. Musk to stop posting on Twitter.
    Read more ...