[freejazz]

The board decided to sell, not the C-level suite because they do not have that power.

[rst]

Parag Agrawal, as CEO, was also a member of the board. (This is pretty common practice, among both private and public companies.)

[iav]

The C suite has an incredible amount of influence to block a deal with a non-strategic acquirer like Elon. The threat of all executives resigning en masse can knee cap a business.

[freejazz]

That's true, but it wasn't the question.

[smcl]

What was the question? I don’t see any