Hyperdrive
Tesla Stalling Over Musk's Board Buddy Raises Investor Hackles
- Director Steve Jurvetson’s leave has passed the six-month mark
- Glass Lewis backs activist group criticizing length of absence
Tesla's Musk Announces 'Thorough Reorganization' Amid Executive Defections
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He’s appeared at a flashy Tesla Inc. product unveiling and a thunderous SpaceX launch while his boardroom chairs have sat empty. Now, Steve Jurvetson is surfacing as the central figure in the debate over governance at Elon Musk’s electric-car company.
The well-known Silicon Valley investor and friend of Musk’s has been on leave from Tesla’s board since resigning from DFJ, the venture capital firm he co-founded. The same day of his exit in November -- precipitated by accusations of misconduct that he has denied -- Tesla put Jurvetson on a leave of absence, “pending resolution of these allegations.”