Tesla Board Under Scrutiny After Cashing in $1.2 Billion With Musk

Reported 1 day ago

Tesla's board chair, Robyn Denholm, has come under scrutiny after selling over $558 million worth of shares since 2020, particularly during a period of stock volatility and declining sales. While Tesla's stock has dropped significantly from its peak, the board faces pressure regarding CEO Elon Musk's leadership and future direction of the company. The board is reportedly exploring potential leadership changes amid growing investor concerns about Musk's focus, though Denholm maintains confidence in him.

Source: YAHOO

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