"Elon's appointment to the board was to become officially effective on 4/9, but Elon shared that same morning that he would not be joining the board," Agrawal wrote in a reposted note originally sent to Tesla employees."I believe this is for the best."
He now has a 9% stake in Twitter, raising questions about how he might try to reshape the social media platform as Twitter's biggest shareholder. He's also been locked in a long-running dispute with the U.S. Securities and Exchange Commission over his Twitter activity. Musk and Tesla in 2018 agreed to pay $40 million in civil fines and for Musk to have his tweets approved by a corporate lawyer after he tweeted about having the money to take Tesla private at $420 per share. That didn't happen but the tweet caused Tesla's stock price to jump. His lawyer has contended that the SEC is infringing on Musk's free speech rights.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: axios - 🏆 302. / 63 Прочитайте больше »