Elon has decided not to join our board

Re:Elon has decided not to join our board by paxys on Monday April 11, 2022 @01:44AM (#30985101)

The explanation is as clear as you'll get. They wanted Elon to act like a board member – be a fiduciary of the company, be trusted with confidential data, consult leadership before making announcements, don't disparage it in public. Elon decided that being able to Tweet about the company on a whim was more important to him.

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Re:Elon has decided not to join our board by pas on Monday April 11, 2022 @03:25AM (#30985717)

does the SEC care whether you are on the board or not if you have a very sizable stake anyway?

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Re:Elon has decided not to join our board by andy_ppp on Monday April 11, 2022 @03:39AM (#30985792)

I don't actually know for sure, but I seem to remember Carl Icann being extremely vocal from outside of the board when at Yahoo! back in the day.

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Re:Elon has decided not to join our board by ffggvv on Monday April 11, 2022 @02:53PM (#30993059)

yes because the board gets confidential info and has a fiduciary duty.

a sizeable investor is no different than us in that they have no non-public info

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Re:Elon has decided not to join our board by mapster on Monday April 11, 2022 @09:35AM (#30988459)

Yes, he acts in bad faith and manipulates stock. Elon while brilliant is on the autistic spectrum, I think he admitted as much.

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