Elon Musk's Misconception of Tesla's Investor Support

Reported 8 months ago

Elon Musk recently celebrated securing approval from Tesla shareholders for key initiatives, but experts question the validity of the votes, especially regarding the ratification of his hefty 2018 compensation package. Despite Musk's confidence, the company is facing challenges including declining auto sales and increased competition. Shareholders are becoming concerned about Musk's focus on other ventures and his controversial statements. The Tesla board's compliance with Musk's demands has raised doubts about their independence. The future of Tesla and Musk's leadership remain uncertain amid these ongoing issues.

Source: YAHOO

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