SUBSCRIBERS
Tesla's Musk tells unhappy shareholders to buy Ford stock
Published Thu, Apr 13, 2017 · 09:50 PM
San Francisco
A GROUP of Tesla Inc investors has urged the luxury electric car maker to add two new independent directors to its board, without ties to chief executive Elon Musk, to "provide a critical check on possible dysfunctional group dynamics".
A defiant Mr Musk took to Twitter on Wednesday afternoon to suggest that the investors buy stock in Ford Motor Co instead. The Ford family controls…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
VinFast chief plans to invest US$1 billion more from his fortune in EV maker
XPeng CEO says its software, AI upgrades to enter ‘super fast cycle’
Swedish manufacturer is latest to offer electric pleasure craft in Singapore
Mercedes says it will continue to invest in China tie-ups
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
Ford profit beats on commercial sales; EVs still dragging