Advertisement

Musk Suggests Tesla's New Chairwoman Won't Rein Him In

Elon Musk is dismissing the ability of the company's new board chairwoman to exert control over his behavior. Musk says Elon Musk is dismissing the ability of the company's new board chairwoman to exert control over his behavior. Musk says "it's not realistic" to think that Robyn Denholm will be reining him in since he's the company's largest shareholder. |  Photo: WDIO-TV

Associated Press
Created: December 09, 2018 08:27 PM

NEW YORK (AP) - Tesla CEO Elon Musk is dismissing the ability of the company's new board chairwoman to exert control over his behavior.

Advertisement – Content Continues Below

Musk says "it's not realistic" to think that Robyn Denholm will be reining him in because he remains the electric car company's largest shareholder.

Musk spoke on CBS' show "60 Minutes," broadcast Sunday evening.

Denholm was appointed to the role last month, replacing Musk as part of a securities fraud settlement with U.S. government regulators. She is chief financial officer and strategy head at Telstra Corp. Ltd., Australia's largest telecommunications company.

Musk owns about 20 percent of Tesla. He pushed back when interviewer Lesley Stahl suggested Denholm was appointed to watch over him, saying he "can just call for a shareholder vote and get anything done that I want."

Credits

Associated Press

Copyright 2019 The Associated Press. All rights reserved.

Advertisement
Advertisement
Relay Media Amp

Barr Preparing a Summary of Mueller Report's Key Conclusions

Hope for Gubernatorial Pardons Renewed in Wisconsin

Study: Minnesota Sees Jump in Homelessness Since 2015

Charges: UMN Worker Stole $134,000 in Computers from School

Superior Joins $18M Cleanup of Howards Bay Contamination

Runners Gear Up for Grandma's

Advertisement