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Elon Musk denied the story that James Murdoch would be the first choice to be the next president of Tesla.
On Wednesday, the Financial Times announced that 21st Century Fox's CEO and son of Rupert Murdoch would play the role left vacant by the electric vehicle contractor following a settlement with the Securities and Exchange Commission (SEC). ).
But Musk reacted on Twitter, tweeting "this is incorrect" in response to their title. He does not know if he meant that it was incorrect that Murdoch was the "main candidate" as reported by the FT, or whether it was incorrect that Murdoch was taken into consideration. The CEO did not immediately respond to a request for clarification via Twitter.
Musk agreed to resign as chairman of the Tesla board of directors for three years under an agreement with the SEC, which sued Musk at the end of the month. August for his infamous "funding obtained" on Twitter, although there remains the CEO. Musk has also been fined $ 20 million and Tesla must appoint two other independent members of the board of directors under the settlement. He was given 45 days to retire as president.
It had already been discussed that Murdoch, who has been on the Tesla board of directors as a non-executive director since last year, was the main candidate for the position of chairman. But Murdoch has also been facing setbacks from shareholders, critics citing his lack of relevant experience. And as the outgoing director of Tesla's much-maligned board of directors, Murdoch would likely be criticized for his role in a board of directors considered by many to be too much at ease. with Musk.
Earlier this year, voting advisor Glass Lewis and pension fund CtW Investment Group called on shareholders not to re-elect Murdoch to the board of directors. CtW also asked shareholders to vote against the re-election of Antonio Gracias, a private investor, and Kimbal Musk, Musk's cousin.
Other potential presidential candidates include Al Gore, Warren Buffett and Alan Mulally.
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