1. Meet the 3 Tesla Board Members Set to Decide on Elon Musk's Go-Private Plan

    Meet the 3 Tesla Board Members Set to Decide on Elon Musk's Go-Private Plan
    • Tesla's board of directors has formed a special committee to examine CEO Elon Musk's preference to take the company private, according to a statement on the electric-car maker's website.
    • Three independent board members — Brad Buss, Robyn Denholm, and Linda Johnson Rice — will sit on the special committee.
    • While Musk has not yet presented a formal proposal to take Tesla private, he will need the committee's approval before such a move can occur...
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    1. The special committee has the full power and authority of the Board of Directors to take any and all actions on behalf of the Board of Directors as it deems necessary to evaluate and negotiate a potential Going Private Transaction and alternatives to any transaction proposed by Mr. Musk.
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