Twitter said on Tuesday it would name top shareholder and Tesla boss Elon Musk to its board, a day after the billionaire disclosed a 9.2 per cent stake in the social media company
Twitter said on Tuesday it would name top shareholder and Tesla boss Elon Musk to its board, a day after the billionaire disclosed a significant stake in the social media company.
In response, Musk tweeted: “Looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months.” “You can never underestimate Elon Musk. I wonder what the underlying motives are?” said Gerald Goldberg, CEO of GYL Financial Synergies, a registered investment adviser, whose clients own both Twitter and Tesla shares.“I think he’s sending a message to the SEC that says, ‘I’m going to do what I want to do’.”
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