TechLife News

NEW TESLA CHAIR MUST REIN IN CEO MUSK AT KEY MOMENT

teclifnewbr181007_article_078_01_01

It won’t be an easy job.

Whoever becomes the new chairman of Tesla Motors will face the formidable task of reining in Elon Musk, the charismatic, visionary chief executive with an impulsive streak, while also helping Musk achieve his dream of turning Tesla into a profitable, mass-market producer of environmental-friendly electric cars.

Musk is giving up the chairman’s role under a settlement announced Saturday (29) with the Securities and Exchange Commission. Besides a new chairman, Tesla was also ordered to appoint two new, independent members

You’re reading a preview, subscribe to read more.

More from TechLife News

TechLife News2 min readCrime & Violence
Scammers Stole More Than $3.4 Billion From Older Americans Last Year, An FBI Report Says
Scammers stole more than $3.4 billion from older Americans last year, according to an FBI report released this week that shows a rise in losses through increasingly sophisticated criminal tactics to trick the vulnerable into giving up their life savi
TechLife News3 min read
Boeing Posts A $355 Million Loss As The Plane Maker Tries To Dig Out From Under Its Latest Crisis
Boeing said this week that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a
TechLife News1 min read
FCC Fines Wireless Carriers For Sharing User Locations Without Consent
The Federal Communications Commission has leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers’ location data without their consent. “These carriers failed to protect the

Related Books & Audiobooks