Musk Says Twitter Board Will Be Paid Nothing If He Takes Over

Musk Says Twitter Board Will Be Paid Nothing If He Takes Over
Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, on March 22, 2022. Patrick Pleul/Pool via Reuters
Tom Ozimek
Updated:
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Billionaire tech mogul Elon Musk said that, if his Twitter takeover attempt is successful, the company’s Board of Directors will go from being paid millions per year to zero.

“Board salary will be $0 if my bid succeeds, so that’s ~$3 [million]/year saved right there,” Musk said in a tweet that was part of a thread that claimed the interests of Twitter’s board members are not in line with those of the company’s shareholders.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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