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Not really, Musk owns a controlling share of Tesla. If he decides he doesn't want a board member, they are out. No board member is going to go against him.
by WheelsAtLarge 8y ago
Not really, Musk owns a controlling share of Tesla. If he decides he doesn't want a board member, they are out. No board member is going to go against him.
- jsight 8y agoThat isn't the case actually. Musk owns far less than 50%... maybe ~20%?
- WheelsAtLarge 8y agoNope, he controls. See the following article: https://www.thestreet.com/investing/stocks/how-elon-musk-controls-tesla-with-only-a-minority-stake-14564491 https://www.thestreet.com/investing/stocks/how-elon-musk-con...