A group of Tesla shareholders wrote a letter to the automaker's board of directors, voicing concerns about the direction of the company and the role of CEO Elon Musk.
Strategic Wealth Partners investment strategist Luke Lloyd reacts to Elon Musk raising Tesla's EV prices after a cutting spree on 'Cavuto: Coast to Coast.'rein in billionaire CEO Elon MuskSeventeen major investors – holding more than $1.5 billion in Tesla shares – voiced their concerns about the direction of the company and its chief executive, who had said in February that he would not wish the pain of his current work week on anyone.
The shareholders asserted that the board has failed to make sure Musk is "appropriately focused on Tesla," leading to an "inability to address the multiple strategic andA charger with Tesla logo at a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, on Aug. 24, 2016.
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