Elon Musk Picks High Stake Fight With Senator Elizabeth Warren
The liberal senator wrote to the board of Tesla to inquire about Musk, amid revolt of individual investors.
They are old enemies.
Two enemies who like to fight each other.
Elon Musk and Senator Elizabeth Warren never miss an opportunity to attack each other. This time, it was the former candidate for the Democratic primary in 2020 who shot first, taking advantage of Musk's setbacks.
On December 18, she wrote to the Board of Directors of Tesla (TSLA) - Get Free Report, accusing Musk of conflict of interest, and possible misappropriation of the electric vehicle maker's assets, relating to the acquisition of Twitter for $44 billion by the billionaire.
"I am writing regarding concerns that Tesla’s Board of Directors has failed to meet this legal duty with regard to the actions of Tesla’s Chief Executive Officer, Elon Musk, in the aftermath of his purchase of Twitter," Sen. Warren (D-Massachusetts) wrote.
"I have a series of questions about how the Tesla Board is dealing with conflicts of interest, misappropriation of corporate assets, and other actions by Mr. Musk that appear not to be in the best interests of Tesla and its shareholders, so that I can assess whether current law is adequate in circumstances such as these," she continued.