Within the context of corporate governance structures, students must research, consider, analyse and provide referenced comments upon the infamous tweet by Elon Musk made on August 8, 2018, at 3:48am:

"Am considering taking Tesla private at $420. Funding secured."

The task will be assessed within the following sub-tasks:

A background to the firm and its pre-existing governance structures;

An analysis describing what led to the governance flaws in the firm;

A discussion of the effects of the tweet upon the firm, the CEO and the market;

An explanation of the actions taken to redress the governance flaws in the firm by the firm and by the government.

Answer rating: 100% (QA)

1 The company used to have a secretive administrative structure in which Musk served as CEO and Chairman of the Board and people close to him were directors of the company Many wall street activists h... View the full answer