A group of Tesla investors including big pensions and institutions are calling for the board to rein in Elon Musk

Tue, 04/25/2023 - 09:41

A group of 17 Tesla shareholders have asked the company's board to rein in Elon Musk's attention.
In an open letter, investors accused Musk of neglecting Tesla by focusing on his other companies.
"Corporate boards can and should intervene if a chief executive appears to be distracted," the letter said.

A group of Tesla investors including pension systems and big institutions are concerned Elon Musk is too distracted to properly run the company, and have called on the Tesla's board to rein in the CEO.