Tesla's board is terrible at its job — it's shown it has no interest in controlling Elon Musk or sticking up for investors (TSLA)

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• Tesla CEO Elon Musk has drawn widespread scrutiny for his erratic behavior in recent months, including smoking a marijuana cigarette during a video recorded appearance on a talk show Thursday.
• But not enough attention has been paid to Tesla's board.
• Corporate directors are charged with overseeing a CEO and looking out for the longterm interests of a company and its shareholders.
• By that standard, Tesla's board has been spectacularly failing at its job and ought to be held to account.

With all the craziness at Tesla over the last month or more, investors, analysts, and my fellow journalists have been focusing much of their attention on CEO Elon Musk.

Is Musk cracking up? How much legal trouble is he in after his "funding secured" tweet? Why are his chief lieutenants leaving in droves?

See the rest of the story at Business Insider

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See Also:

• Elon Musk breaks down what he doesn't like about Instagram — and why social media can negatively impact people's mental health
• Tesla employees describe what it's like to work in the gigantic Gigafactory
• Elon Musk tells a reporter to 'stop defending child rapists' as he doubles down on attacking Thailand cave rescuer

SEE ALSO: Elon Musk says he was thinking like a Vegas casino owner when he tweeted 'funding secured'

SEE ALSO: Elon Musk's apology distracted everyone from Tesla's ongoing problems — and that's the danger of Tesla's cult of personality

SEE ALSO: Tesla's decision to cut 9% of its workforce is a sign the company's cash crunch is getting real

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