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Tesla board chairman Robin Denholm admitted to the Financial Times that he had had “tough conversations” with CEO Elon Musk over social media posts, adding that if he had his way, If he had done so, Twitter (now known as X) would not have existed.
“If I had a magic wand, Twitter wouldn’t exist,” Denholm said.
Musk bought the social media site in 2022 and his posting style has long been controversial, but Denholm defended him, calling him a “contrarian” and expecting some controversy. did.
“He’s a contrarian, but sometimes you can’t be contrarian, so as a board we have to work with that in mind,” she said.
“You might wake up in the morning and read a tweet that you weren’t expecting. You don’t wake up to a change in strategy that we didn’t discuss,” Denholm added.
Mr. Denholm became Tesla’s chairman in 2018 after Mr. Musk resigned following a settlement with the SEC over the billionaire’s infamous “funding secured” tweet.
Musk’s statement that he had secured funding to take Tesla private at $420 per share resulted in a $20 million fine and an in-house lawyer who must vet posts about Tesla before submitting them. I was assigned a certain “Twitter sitter” job.
Since then, Musk has remained controversial with his social media activity, drawing criticism last year for calling an anti-Semitic post “actual truth”; sparked a backlash from Tesla investors.
Tesla is now pushing for a vote in favor of reauthorizing Musk’s $55 billion pay package after his ambitious 2018 pay deal was invalidated by a Delaware judge earlier this year. We are reaching out to shareholders.
Automakers are doing everything in their power to pass the package. wall street journal Mr Denholm, who is based in Sydney, plans to travel around the world to persuade shareholders to vote, the report said.
Denholm told the FT that Tesla faced a “huge mountain to climb” to get a compensation package approved, and previously said Musk’s $55 billion salary was “critical to Tesla’s future success.” ”.
Tesla did not immediately respond to a request for comment outside of normal business hours.