Tesla’s board may reportedly tell Elon Musk to recuse himself from talks about taking the company private (TSLA)
|08/10/2018||Posted by BusinessMediaguide.Com under General World News||
- Tesla‘s board of directors may tell CEO Elon Musk to recuse himself as it explores the possibility of taking the company private, CNBC reports, citing people familiar with the matter.
- According to the publication, the board plans to meet with financial advisors to determine how it will explore the idea of converting Tesla into a private company and has told Musk that he must consult a separate, personal set of advisors.
- The board will probably form a smaller, special committee comprised of independent directors to analyze buyout proposals, CNBC reports.
- According to the publication, Musk spoke read more >>>