Investors want Tesla to separate Musk’s chairman, CEO roles

Billionaire Elon Musk’s grip over Tesla Motors has grown too tight as he pursues a controversial merger of the company with solar-panel maker SolarCity, an investor group complained. CtW Investment Group, a manager of union-based pension funds that hold 200,000 Tesla shares, demanded in a letter that Tesla separate Musk’s chairman and CEO roles. CtW […]

Read more "Investors want Tesla to separate Musk’s chairman, CEO roles"

Wall Street on Elon Musk

To Elon Musk, Tesla’s $3 billion deal to take over SolarCity seems obvious. In his Tuesday conference call explaining the all-stock proposal, Musk used the word “obvious” or “obviously” a total of 25 times. But the deal is far from obvious to anyone who’s not the largest shareholder of both companies, CEO of Tesla and chairman […]

Read more "Wall Street on Elon Musk"