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Meet the Tesla Board Being Tested Like Never Before by Musk

  • Directors elaborated little on CEO’s take-private tweets
  • Board needs to reel Musk in, Volvo Cars director says
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Rett Wallace, Triton Research chief executive officer, discusses Elon Musk’s plan to take Tesla private.Source: Bloomberg)
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Leave it to a flamethrower peddler to redefine the trope about boardroom hot seats.

Tesla Inc. Chairman Elon Musk thrust his eight fellow directors into an unprecedented situation this week by tweeting that he might take the electric-car maker private. Six of them issued a three-sentence statement in response that failed to extinguish a blaze of questions, including how the deal would be funded, in what way it could be structured and how likely it is that the company pulls it off.