Three years ago I wrote about how Senator Elizabeth Warren was questioning Tesla about its fiduciary duties to the company, its workers, and its shareholders. She outlined the stringent requirements involved with providing disclosures about conflicts of interest, misappropriation of corporate assets, and other actions by their executives that may … [continued]
The Tesla, Inc. 2024 Annual Meeting is scheduled to be held on Thursday, June 13, 2024. If you are a Tesla shareholder, you’ve been invited to vote on Tesla issues and board members. I’m a small Tesla shareholder — under 500 shares — and I was invited to vote. The … [continued]
For those who have followed Tesla for long, or have followed almost any notable stories regarding the Tesla board of directors, you are for sure familiar with claims that the Tesla board and Elon Musk are far too close and that there’s not enough independence on the board. It’s commonly … [continued]
The essence of fiduciary duty — that legal responsibility for care, loyalty, good faith, and confidentiality when serving the best interests of a beneficiary — was questioned several times in Warren’s letter.
In an SEC proxy filing, Tesla has said that it wants Robyn Denholm to continue as the chair of its board of directors. Tesla recently announced its stockholder meeting for October 7, and the company cited Ms. Dehnolm’s leadership experience and financial expertise in this push to prolong her role … [continued]
Hiromichi Mizuno has just joined Tesla as both a member of the Board of Directors and a member of the Audit Committee of the Board.
As reported earlier today, Tesla has announced the appointment of Robyn Denholm to the chair of the board at Tesla, replacing Elon Musk who has been in the role since 2004. Denholm had already been an independent director on Tesla’s board since 2014 and has decades of experience in senior finance and strategy roles at auto, technology, and software companies.
Tesla has named Robyn Denholm to be the chair of its board of directors after Elon Musk steps aside. She will be assuming the lead role at an exciting time for the company.
Tesla is looking for two new independent directors. There are many very capable candidates outside the normal business circles. We want candidates that will stay true to Tesla’s mission, and can even protect Musk from market pressures by keeping an eye on the future.
