> Shareholders voted for it. Don't understand how the will of Tesla Shareholders is a corporate governance failure... couldn't read the rest of the article behind paywall, but the premise seems so borked that I'm not going to bother.
Sounds like a failure on to think critically.
The board consists of long time friends of Musk's, people who are heavily invested in his other companies (and so have and want to continue maintain their positive relationship with him), and his brother.
It's not that the board can't vote, it's that the board isn't remotely independent. And according to the WSJ A number of members of the board have hung around many late nights doing drugs with him.
And to be clear it's that that their doing drugs, it's that if you're close enough with someone to be regularly doing hard drugs with them you clearly aren't independent.
Sounds like a failure on to think critically.
The board consists of long time friends of Musk's, people who are heavily invested in his other companies (and so have and want to continue maintain their positive relationship with him), and his brother.
It's not that the board can't vote, it's that the board isn't remotely independent. And according to the WSJ A number of members of the board have hung around many late nights doing drugs with him.
And to be clear it's that that their doing drugs, it's that if you're close enough with someone to be regularly doing hard drugs with them you clearly aren't independent.