Last fall, the Securities and Exchange Commission forced Elon Musk to give up his role as the chairman of Tesla's board. The agency hoped the move would give Tesla's board a measure of independence, allowing it to conduct more vigorous oversight over Tesla's CEO. But the woman who got the job, Robyn Denholm, doesn't see a need for Musk to change how he tweets—or any other aspects of his unconventional management style. “I don’t think he poses any challenges,” Denholm said to Bloomberg in Sydney on Wednesday. "The company is running very well and the board itself is very engaged. We meet with him all the time." Musk is currently fending off a request from the Securities and Exchange Commission to hold Musk in contempt for tweeting a production forecast without sign-off from Tesla's lawyers—an alleged breach of Musk's September settlement with the SEC. You might expect Tesla's board to press Musk to change how he uses Twitter to avoid these kinds of … [Read more...] about Elon Musk uses Twitter “wisely,” new Tesla chair says
Who is elon musk
By Bob Van Voris Bloomberg Craig Trudell Mon., March 11, 2019 Elon Musk told a New York judge that a pair of tweets he sent last month about Tesla Inc. weren’t improper, refuting a request by the U.S. Securities and Exchange Commission to hold him in contempt for violating earlier restrictions on his social-media posts. The billionaire Tesla chief executive officer cited his constitutional right to free speech in his defence to the SEC claims on Monday in Manhattan federal court, meeting a deadline set by the judge. The SEC said his Twitter posts forecasting production of the company’s electric vehicles were misleading and hadn’t been vetted as required by an earlier order. For Musk, the stakes are high for his latest run-in with the securities regulator. Late last year, his Twitter musings about taking the company private resulted in $40 million (U.S.) in fines, the appointment of independent directors, and replacement of Musk as chairman. … [Read more...] about Elon Musk defends Tesla tweets that SEC says violated court order
Mar 06, 12:49 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Precious Silva 03/06/19 AT 12:12 AM Elon Musk's recent decisions, like closing Tesla stores to shift to a new online approach, got investors talking with the company's share coming under pressure. His leadership was also questioned after a recent survey highlighted the decline of employee confidence in him."To achieve these prices while remaining financially sustainable, Tesla is shifting sales worldwide to online only. You can now buy a Tesla in North America via your phone in about 1 minute, and that capability will soon be extended worldwide," a post on Tesla's blog announced the company’s bold move last week.The post, published Feb. 28, shaved as much as $8 billion from Tesla's market capitalization as the stock price dropped by around 16 percent. Some investors expected the move just as much while others believe the sudden shift hinted … [Read more...] about Is Elon Musk Losing Investor And Employee Confidence?
caption Twitter CEO Jack Dorsey. source Drew Angerer/Getty Images Jack Dorsey told Recode’s Kara Swisher that his favourite “influential” Twitter user is Elon Musk. Dorsey said he respects the “ups and downs” that come with Musk’s Twitter usage, which has famously landed him in hot water. Dorsey also said that Democratic Rep. Alexandria Ocasio-Cortez is “mastering the medium.” Twitter CEO Jack Dorsey was interviewed by Recode’s Kara Swisher on Tuesday over – you guessed it – Twitter. Swisher pressed Dorsey to give specific answers to her questions. After quizzing him on tech responsibility, Donald Trump, and abuse on his platform, Swisher asked Dorsey who he thinks the most “exciting influential” person on Twitter is. Dorsey’s answer: Elon Musk. Musk himself chimed in, evidently flattered. “Thanks Jack, Twitter rocks!” Musk tweeted, followed by a … [Read more...] about Jack Dorsey says Alexandria Ocasio-Cortez is ‘mastering’ Twitter, but Elon Musk is his favourite tweeter
By Rex Crum | [email protected] | Bay Area News Group November 7, 2018 at 7:57 am Will Elon Musk and company be boring for a big new hole under San Francisco? On Tuesday, Benioff, whose company’s name adorns the new Salesforce Transit Center in San Francisco, tweeted directly to Musk about whether he could do something to help alleviate the traffic issues that plague the city. Elon @elonmusk can you & @boringcompany help us in San Francisco? We will have a cool new transit center soon, but we need rapid transportation from Downtown to the Ocean, Marin Country, East Bay, San Jose, & LA. Bullet train too far away! Can you do it? https://t.co/F810cd3LaG — Marc Benioff (@Benioff) November 6, 2018 “Elon @elonmusk can you & @boringcompany help us in San Francisco?” Benioff tweeted. “We will have a cool new transit center soon, but we need rapid transportation from Downtown to the Ocean, Marin Country, East Bay, San Jose, & LA. … [Read more...] about Elon Musk says ‘Sure, we can do it’ about Boring Co. tunnel under S.F.