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Whatever Elon wants, Tesla gets


If corporate governance isn’t real, everything is possible

Though Musk’s adventures in social media ownership have somewhat threatened this reputation — at least for those left holding Twitter’s debt — he nonetheless managed to raise $6 billion for xAI, his somewhat aimless AI company that may or may not rely on ( and compete with) Tesla itself. But Musk’s refinements to the model led to a kind of power that even Jobs didn’t have at Apple: an empire of companies, the biggest pay package of all time, and political influence. But let’s say you’ve been paying attention to the last several years’ worth of corporate governance: your WeWorks, your SEC battles with Musk, Uber’s board’s blind eye to Travis Kalanick’s recklessleadership, Boeing in general, (This is to say nothing of the phenomenon of founder control.)

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