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Tuesday, February 27, 2024

WSJ: The Money and Drugs That Tie Elon Musk to Some Tesla Directors

The Money and Drugs That Tie Elon Musk to Some Tesla Directors

Board members have reaped hundreds of millions from stock awards and separate investments, even as some have done drugs with Musk; former Tesla director Larry Ellison offered him a chance to dry out

By Kirsten GrindEmily GlazerRebecca Elliott and Coulter Jones, WSJ

Board members at Elon Musk’s electric-car maker, Tesla, were facing a dilemma.

One longtime director, the venture capitalist Steve Jurvetson, had left his firm after an internal investigation found he had slept with multiple women in the tech industry and used illegal drugs.

Some of the details had been splashed across the press in 2017, and Tesla directors informally discussed how they should handle it, according to people familiar with the situation. Some urged him to resign.

More here >

Image: By CraiyonAI and Ilene: https://www.craiyon.com/image/IAwTZ8QcTGW_gi9NgEyNHA

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