Electric control: Musk with 22 of shares, effectively controls Tesla. — Bloomberg
WHETHER it’s Theranos chief executive Elizabeth Holmes or ousted Uber CEO Travis Kalanick, or the heads of currently troubled public companies like Evan Spiegel of Snap and Elon Musk of Tesla, powerful founder-CEOs who were once lauded for flouting convention are facing a new reality: They aren’t superheroes, after all.
Treating them as if they were has been bad for their companies and investors alike.
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