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This seems like a definite plus for all involved. The Board and Chair set the overall strategy, while the CEO executes. In the next few years, the strategy is
by toss1 8y ago
This seems like a definite plus for all involved.
The Board and Chair set the overall strategy, while the CEO executes. In the next few years, the strategy is already clear -- execute on the Model 3, Model S & Roadster upgrades, Tucks, and solar products. The board should just be a background process for a while, while the pressure is on the CEO. By the time he gets his 'Chairman License' back, it may be time to update strategy.
Meanwhile, the SEC notches a "win", the investors can go back to their regularly scheduled short-long bickering, and Elon can focus more on delivering.