Musk says Tesla and SpaceX formed special committees to discuss merger

5 pointsposted 6 hours ago
by malshe

1 Comments

ceejayoz

6 hours ago

> Musk said the boards at Tesla and SpaceX have formed special committees to discuss a potential merger “at the request of shareholders,” noting that these groups “consist of independent directors.”

> Because Musk is a “conflicted party,” he said he can’t be in the discussions.

https://ir.tesla.com/corporate/kimbal-musk

Uh huh.