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in Tech

Tesla’s board faces questions from Elizabeth Warren about Musk’s corporate ‘entanglements’

by Editor August 9, 2024, 4:36 pm 1.7k Views

Tesla's board faces questions from Elizabeth Warren about Musk's corporate 'entanglements'

X owner Elon Musk (L), and Sen. Elizabeth Warren (D-MA).

Reuters

Sen. Elizabeth Warren, D-Mass., is asking the Tesla board if it’s looked into CEO Elon Musk’s use of company resources to benefit his other ventures, including SpaceX and xAI.

“Tesla’s Board of Directors appears to be failing to meet its fiduciary duties to Tesla’s shareholders by neglecting to address company CEO Elon Musk’s apparent conflicts of interest,” Warren wrote in a…

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