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by Reason077 614 days ago
Elon Musk is another CEO in total control. Although Tesla is a public company and therefore has a board, it’s stacked with Elon’s allies/appointees and answers to him, not the other way around. Despite Elon not being a majority owner of Tesla stock.

And when he took over Twitter in 2022, he immediately dissolved the board and fired the executives who were on it.

1 comments

When he took over twitter he owned 100% of the stock.
Yes, that's what "take over" means.