Tesla shareholders to decide Elon Musk’s future as company chairman

[JonesBones]

Tesla shareholders are set to vote on Tuesday on whether to remove company founder and CEO Elon Musk from his other role as chairman of the board amid challenges on Wall Street and clashes with the media.

The vote, which is set to take place at Tesla’s annual shareholder meeting in Mountain View, California, came about through a proposal from shareholder Jing Zhao, who argued that an evolving business climate has made it too difficult for Musk to fill both roles. Zhao is calling on shareholders to approve a measure that would strip Musk of the title and appoint an independent director.

https://www.foxbusiness.com/markets...-decide-elon-musks-future-as-company-chairman

Tesla is down big today but most people don't think they will boot Musk. Regardless of what you think of him, he is basically all they got. lol. If they boot him the stock will die. I am thinking about swing trading this fucker but am too much a pussy.

He would still remain CEO but removed as Chairman.

 

[bobgeese]

I would think the company is fucked if they got rid of him, considering he’s basically the brand (at least to the casual observer).

 

[JonesBones]

I would think the company is fucked if they got rid of him, considering he’s basically the brand (at least to the casual observer).

Exactly. The shareholder trying to do this is a moron. lol. Maybe he is doing it to buy the dips. Manipulate the stock. But I am not confident enough to bet on that.

 

[method115]

Exactly. The shareholder trying to do this is a moron. lol.

Has to be some sort of scare tactic. Hoping they get him back in line.

 

[ultramanhyata]

Tesla shareholders are set to vote on Tuesday on whether to remove company founder and CEO Elon Musk from his other role as chairman of the board amid challenges on Wall Street and clashes with the media.

The vote, which is set to take place at Tesla’s annual shareholder meeting in Mountain View, California, came about through a proposal from shareholder Jing Zhao, who argued that an evolving business climate has made it too difficult for Musk to fill both roles. Zhao is calling on shareholders to approve a measure that would strip Musk of the title and appoint an independent director.

https://www.foxbusiness.com/markets...-decide-elon-musks-future-as-company-chairman

Tesla is down big today but most people don't think they will boot Musk. Regardless of what you think of him, he is basically all they got. lol. If they boot him the stock will die. I am thinking about swing trading this fucker but am too much a pussy.

He would still remain CEO but removed as Chairman.

RIP Elon "The Musket" Musk.

 

[ocfightfan]

He's already on thin ice given the questionable nature of Tesla's business model. Now he has declared war on the media, which up until now was mostly favorable. This does not seem like a good plan.

 

[JonesBones]

Musk prevailed. I bought the stock lol. Team Tesla again.

 

[2arctanx]

did his Pravda move have something do with this vote? israeli lobby sweating?

 

[Rational Poster]

RIP Elon "The Musket" Musk.

Pretty sure he looks like this.

 

[JonesBones]

did his Pravda move have something do with this vote? israeli lobby sweating?

No. The company is behind schedule and under performing. I am almost certain this was in the works before the recent meltdown shit. lol. It has to do with cars. Not Musk. It wasn't because of his behavior but the behavior of the company. If Tesla had produced more cars this vote would not have happened.