Hyperdrive
Tesla Asks Shareholders to Retain Robyn Denholm as Chair
- Proxy recommendation comes even as Musk nears eligibility
- CEO was stripped of dual role in 2018 as part of SEC agreement
This article is for subscribers only.
Tesla Inc. wants Robyn Denholm to remain as chair of the electric-vehicle manufacturer’s board, even as Chief Executive Officer Elon Musk will soon become eligible to retake the top job following a three-year suspension.
Musk, who has led the electric-car maker since 2008, lost his position as chair as part of a settlement with the U.S. Securities and Exchange Commission over his ill-fated attempt to take Tesla private in 2018.