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> In addition, as a result of their overlapping directorships, Elon Musk and Antonio Gracias have recused themselves from voting on this proposal at the Tesla b
by haser_au 10y ago
> In addition, as a result of their overlapping directorships, Elon Musk and Antonio Gracias have recused themselves from voting on this proposal at the Tesla board meeting at which it was approved, and will recuse themselves from voting on this proposal at the SolarCity board as well.
Source: https://www.teslamotors.com/blog/tesla-makes-offer-to-acquire-solarcity https://www.teslamotors.com/blog/tesla-makes-offer-to-acquir...
They're not voting in the board meetings, so can only recommend it to the board and then not vote.
- RandomBK 10y agoThey won't be abstaining from the shareholder vote, though.