“There was a short-term distraction because I had to do major open-heart surgery on Twitter to ensure the company’s survival,” Musk said Tuesday at Tesla’s annual shareholde…
, and also said he would conduct a third-party audit in cobalt mines that supply Tesla with a key ingredient to make batteries.
At the meeting, shareholders voted to appoint the company’s co-founder and former chief technology officer, JB Straubel, to the board. Proxy advisory firm Glass Lewis had urged investors to vote against Straubel’s appointment, citing worries about his independence. Musk has been under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models. to staff on Monday that the company can make no new hires unless he personally approves them, including contractors, and asked executives to “think carefully” before submitting hiring requests.
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