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Tesla's stock has seen significant volatility this year, hitting an intraday low of $138.80 on April 22 and an intraday high of $271 on July 11. Tesla's share price was $244.50 at market close on ...
In 2004, Musk was an early investor in electric vehicle manufacturer Tesla and became its chairman and later CEO. In 2018, the U.S. Securities and Exchange Commission (SEC) sued Musk, alleging he falsely announced that he had secured funding for a private takeover of Tesla, stepped down as chairman, and paid a fine.
Musk can be fired from Tesla if the company’s shareholders vote to replace him as CEO. However, he currently owns about 20% of the company, which means he gets 20% of its votes.
In November 2018, Denholm gave notice of resignation after only five weeks in the role as a result of stepping into the role of chair of Tesla Inc. Telstra CEO Andy Penn announced that Denholm would end her responsibilities as CFO at Telstra on 6 May 2019.
Tesla shareholders’ vote on Elon Musk’s record $56 billion pay deal could be his ‘last stand’ as CEO, experts warn Christiaan Hetzner June 7, 2024 at 11:00 AM
In April 2022, Tesla lawyers stated in a legal filing that the Equal Employment Opportunity Commission (EEOC) had opened an investigation into Tesla before the DFEH 2019 investigation, [356] and in July 2022, Tesla stated in its 10-Q filing that the EEOC had issued a cause finding against the company and that Tesla would engage in a mandatory ...
Tesla VP Sreela Venkataratnam, who has worked at Elon Musk's carmaker since 2013, announced her departure on LinkedIn this week. Another Tesla exec quits, says working for Elon Musk's company is ...