Sen. Elizabeth Warren (D-Mass.) is calling for an investigation into Tesla and its potential conflicts of interest following CEO Elon Musk’s acquisition of Twitter last fall. In a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler Monday, Warren said she is requesting an investigation into Tesla and the company’s disclosures on how…
Sen. Elizabeth Warren (D-Mass.) is calling for an investigation into Tesla and its potential conflicts of interest following CEO Elon Musk’s acquisition of Twitter last fall.
In a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler Monday, Warren said she is requesting an investigation into Tesla and the company’s disclosures on how its board is “managing the apparent conflicts of its Chief Executive Officer, Elon Musk.”
Warren said Musk’s actions since he purchased Twitter and became its CEO — while still remaining Tesla’s CEO — “have raised concerns about conflicts of interest, misappropriation of corporate assets, and other negative impacts to Tesla shareholders.
