REUTERS/Kevin Lamarque
Elon Musk.
Five investment groups $4 Monday asking for more independent board members who don't have personal ties to Musk to "provide a critical check on possible dysfunctional group dynamics." Musk's brother Kimbal sits on the board as does Brad Buss, the former chief financial officer of SolarCity, which Tesla acquired last November.
$4 to a Reuters article about the letter on Twitter, saying he already had stated his intention to bring on more independent board members during the merger with SolarCity. He also made a jab at Ford.
"This investor group should buy Ford stock. Their governance is amazing..." Musk tweeted.
Tesla recently $4 in market cap, making it the most valuable US automaker.
The California-based company is currently preparing to roll out its mass-market Model 3 electric sedan and has an ambitious goal of selling 500,000 cars a year in 2018.
$4 Besides, I already said we'd add more independent members during SCTY merger. Will announce soon, but this group has nothing to do with it.
- Elon Musk (@elonmusk) $4