US Senator Warren has set her sights on Musk: Calls for Tesla to investigate whether it is abusing company resources

Wallstreetcn
2024.08.09 16:38
portai
I'm PortAI, I can summarize articles.

Democratic Senator Elizabeth Warren of the United States has called on Tesla's board of directors to investigate whether CEO Elon Musk has abused company resources to support his other personal ventures. She pointed out that Musk transferred computer chips from Tesla to his social media company X and artificial intelligence enterprise xAI, which may constitute improper use of company resources and inevitable conflicts of interest. She has raised questions about the corporate governance and regulatory responsibilities of Tesla's board of directors, and is seeking more information to assess whether regulatory agencies such as the SEC need to intervene