Sunday, February 04, 2024

The Money and Drugs That Tie Elon Musk to Some Tesla Directors

It is difficult for some rich individuals to stay out of the news! The board room as an opium den?

"Many board members at Elon Musk's companies have deep personal and financial ties to the billionaire entrepreneur, and have profited enormously from the relationship. The connections are an extreme blurring of friendship and fortune and raise questions among some shareholders about the independence of the board members charged with overseeing the chief executive."

The Money and Drugs That Tie Elon Musk to Some Tesla Directors - WSJ Board members have reaped hundreds of millions from stock awards and separate investments, even as some have done drugs with Musk; former Tesla director Larry Ellison offered him a chance to dry out

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