Tesla CEO Elon Musk won't be joining Twitter's board of directors as previously announced.
"Elon's appointment to the board was to become officially effective on 4/9, but Elon shared that same morning that he would not be joining the board," Agrawal wrote in a reposted note originally sent to Tesla employees."I believe this is for the best."
He now has a 9% stake in Twitter, raising questions about how he might try to reshape the social media platform as Twitter's biggest shareholder. He's also been locked in a long-running dispute with the U.S. Securities and Exchange Commission over his Twitter activity. Musk and Tesla in 2018 agreed to pay $40 million in civil fines and for Musk to have his tweets approved by a corporate lawyer after he tweeted about having the money to take Tesla private at $420 per share. That didn't happen but the tweet caused Tesla's stock price to jump. His lawyer has contended that the SEC is infringing on Musk's free speech rights.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Twitter CEO: Elon Musk will not join Twitter boardTesla CEO Elon Musk, who recently bought a large stake in Twitter, has decided not to join the social media company's board.
Weiterlesen »
Elon Musk suggests Twitter Blue subscription service overhaul days after joining board'Maybe even an option to pay in Doge?' Musk said.
Weiterlesen »
Twitter CEO: Elon Musk Has Decided Not to Join Board of Directors'Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here,' Parag Agrawal tweeted Sunday night.
Weiterlesen »
Twitter CEO says Elon Musk 'has decided not to join' company's board of directorsJUST IN: Twitter CEO says Elon Musk 'has decided not to join' company's board of directors
Weiterlesen »
Elon Musk Decides Not to Join Twitter Board, Says CEO Parag AgrawalTesla and SpaceX CEO Elon Musk abandoned his plans to join the board of Twitter after buying a 9% activist stake.
Weiterlesen »
Twitter CEO says Elon Musk will not join its board of directorsIn a tweet Sunday night, Twitter Chief Executive Parag Agrawal said Musk "has decided not to join our board."
Weiterlesen »