Massachusetts Senator Elizabeth Warren accuses Tesla's board of neglecting duties regarding CEO Elon Musk's use of company resources for other ventures.

Massachusetts Senator Elizabeth Warren accuses Tesla's board of neglecting duties by not reviewing CEO Elon Musk's plans to use the company's resources for his other ventures, like SpaceX and xAI. She urges the board to ensure Musk meets his legal responsibilities to Tesla and its shareholders. Warren sent a 10-page letter to Tesla Chairwoman Robyn Denholm, raising concerns over possible conflicts of interest and asking for answers by August 23.

August 09, 2024
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