Tesla Directors, in Damage Control Mode, Want Elon Musk to Stop Tweeting
We are used to madness from Elon but this is strong stuff even for his standards. Experience tells me that people go overboard when they feel that the noose starts to tighten. Maybe a last ditch sign to get the hell out of Tesla shares.
Members of Tesla’s board are scrambling to control a chief executive who some directors think is out of control. Elon Musk, the electric-car maker’s co-founder and chief executive, stirred up a public storm by announcing on Twitter last week that he wanted to turn Tesla into a private company. In recent days, according to people familiar with the matter, some of his fellow board members delivered a stern message: Stop tweeting.
