Elon Musk's Twitter Stake Could Resurface Boardroom Battles

Elon Musk’s Twitter Stake Could Resurface Boardroom Battles

Sparks are bound to fly at social media company Twitter’s (TWTR) – Get Twitter, Inc. Report next board meeting in a little over two weeks in San Francisco.

New battle lines may be drawn in top management as newly appointed board member Tesla (TSLA) – Get Tesla Inc Report Chief Executive Elon Musk and Twitter co-founder and former Chief Executive Jack Dorsey fight for competing visions of what Twitter might look like in the future.

Musk disclosed on April 4 that he bought nearly 73.5 million shares of the social media company for a 9.2% stake. A day later, the San Francisco company said it will appoint the billionaire CEO to its board as a class two director with a term expiring at Twitter’s 2024 annual meeting.


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