President Donald Trump's trade representative received an unusual letter this week from Tesla Motors, stating that the company is "exposed" to retaliatory tariffs.
Musk is more than just the CEO, he is also the largest shareholder. The last estimate I see online is 12%. So while he does not hold a majority, as the largest shareholder he has outsized influence with the board. He probably hand-picked them all.
Musk is more than just the CEO, he is also the largest shareholder. The last estimate I see online is 12%. So while he does not hold a majority, as the largest shareholder he has outsized influence with the board. He probably hand-picked them all.
They are all literally his lapdogs.