Elon Musk can lose an armchair of the Chairman of the Board of Tesla

31 August 2018

Conspiracy against Mask or a reasonable offer?

Today Elon Musk has become synonymous with "Tesla" and "Tesla" with Elon Musk. They are two parts of a whole, which in this universe can't exist separately. As the electron and the proton. However, not all so smoothly. The Fund is managed by BlackRock voted for the proposal of shareholders, who in June proposed to replace the Mask is independent Chairman of the Board. About it soobshaet Reuters.

Discussing the Fund is in the TOP 10 largest shareholders of Tesla. Informed the Board members have already expressed the idea that to share in the "Tesla" of the post of Chairman of the Board and CEO. Today both the post is Elon Musk. It is assumed that if these functions will be performed by two different people, the quality of management in the "Tesla" will increase.

According to Tesla's documentation, in June for the resignation of the Mask was voted on by the holders of 17 million shares, while the owners of 86 million shares voted against the idea.

Lately, Elon Musk has attracted a lot of negative attention. Even if we leave aside the scandal from baseless insults diver involved in the rescue of children in Thailand, the public has many questions for the Mask.

A billionaire soobshil that wants to turn Tesla into a private company. Supposedly the need to adjust to quarterly reports distracting from core business and only harms the company. If Tesla will leave from the open market, the company will be able to take more risky but at the same time effective solutions.