Sen. Elizabeth Warren is raising alarm that Elon Musk is shirking legal responsibilities, misappropriating resources and ignoring potential conflicts of interest in his ownership of Twitter.
“This use of Tesla employees raises obvious questions about whether Mr. Musk is appropriating resources from a publicly traded firm, Tesla, to benefit his own private company,” Warren wrote. “The [Securities and Exchange Commission ] imposes a legal obligation on companies to make public any ‘material definitive agreements,’ including employment agreements with executive officers, but Tesla to date has reported no such agreements.
Another issue of concern for the senator is Musk’s failure to disclose or take into account conflicts of interest raised by his ownership of Twitter.
Musk has been in Warren’s crosshairs before. This spring, as Musk was contemplating the Twitter purchase, she said that both the privatization and his ownership of Twitter would cause huge issues that could have consequences for democracy itself. Allowing Musk to buy Twitter — a platform that’s essentially a town square for journalists, activists and politicians — is tantamount to handing over huge political power to a single billionaire.
Indeed, Musk seems to be exposing his right-wing ideology more and more the longer he owns Twitter. During his few months of Twitter ownership thus far, Musk has reinstated
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