Elon Musk, the Chief Executive Officer of Tesla Inc., who is also officially known as Technoking of Tesla Inc., used his shares in Tesla Inc. to finance his personal purchase of Twitter Inc. in October 2022. After his purchase of Twitter Inc. the stock market value of Tesla Inc. has declined substantially, causing destruction of shareholder wealth.
In the context of these developments that have caused much discussion in the business media do you think Elon Musk’s interests as a manager of Tesla, who is remunerated to maximize shareholder value, are aligned with all Tesla shareholders?
