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Tesla board wasn't obligated to check Musk's 2018 tweet: Directors
short by Mansi Agarwal / on Thursday, 2 February, 2023
Tesla's Independent Directors James Murdoch and Ira Ehrenpreis told a US court on Wednesday that the company's board had no obligation to review CEO Elon Musk's 2018 tweet about having funding to take Tesla private, Reuters reported. Musk had tweeted in his individual capacity, they said. James, who's Rupert Murdoch's son, said Musk had "confidence in the availability of funding".
read more at Reuters