Twitter Inc (TWTR.N) said on Tuesday it will offer Tesla boss and entrepreneur Elon Musk a seat on its board of directors, a position he plans to use to bring about significant improvements at the social media site.
The move came after Musk disclosed in a regulatory filing on Monday that he had amassed a 9.2% stake in Twitter, making him its largest shareholder.
Wild. Musk buys 10% of the company and they ask him to join the board! Where I come from, the first instinct is to hold large investors in contempt and litigate against them.