Tag: chairman
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Judge to SEC and Elon Musk: Put your ‘reasonableness pants on and work this out’
Tesla, Elon Musk and the U.S. Securities and Exchange Commission have two weeks to work out their differences and come to a new resolution, a U.S. judge said Thursday at the conclusion of a hearing held to determine whether the automaker’s CEO should be held in contempt for his Twitter use. The SEC had asked…
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Tesla Adds Oracle’s Larry Ellison and Walgreens’ Kathleen Wilson-Thompson to Its Board
EV builder Tesla added Oracle’s Larry Ellison and Walgreens’ Kathleen Wilson-Thompson to its board of directors, within the terms of its settlement with the SEC, successful December 27. The settlement (deadline here) stems in a August tweet where Tesla CEO Elon Musk maintained he had secured financing for a $70 billion go-private effort. Either Musk had pulled a huge…