Nancy Levine Stearns 🟧 Profile picture
Jun 2 7 tweets 8 min read Twitter logo Read on Twitter
1/5 Elon Musk is CEO of Tesla. He and Tesla board members have a fiduciary duty to $TSLA shareholders to protect the reputation of the company. Elon is damaging Tesla brand with Twitter #HateSpeech. Tesla board members are liable.

#CorpGov #RiskManagement #Branding Image
2/5 Twitter Head of Trust and Safety Ella Irwin resigned yesterday. Elon is using Twitter to propagate hate, unfettered. Musk is destroying #Tesla brand. $TSLA shareholders are vulnerable. Tesla board members are liable.

#CorpGov #RiskManagement reuters.com/technology/twi…
3/5 Elon Musk's Twitter is No. 4 most hated brand in America, @CNBC reported. Musk is doubling down, using Twitter as a #HateSpeech platform. Musk is inextricably tied to #Tesla brand. $TSLA shareholders are vulnerable. Tesla board is liable.

#CorpGov cnbc.com/2023/06/01/mos…
4/5 Ben & Jerry's announced it is ending all paid advertising on Musk's Twitter due to proliferation of #HateSpeech on the platform. Elon is damaging #Tesla brand. $TSLA shareholders are vulnerable. Tesla board is liable.

#CorpGov #RiskManagement Image
5/5 Elon Musk told CNBC: "I’ll say what I want to say, and if the consequence of that is losing money, so be it."

But #Tesla board members have a fiduciary duty to protect $TSLA shareholders from reputation damage stemming from what Elon says.

#CorpGov
"Our society has benefited from decades of progress on tolerance, but Elon Musk is undoing those norms at an ever-accelerating rate, by allowing hate to prosper on the spaces he administers"

$TSLA shareholders are vulnerable, board is is liable. #CorpGov
Image
In 2019, Yale associate dean for leadership studies Jeff Sonnenfeld asked about Elon Musk and #Tesla, "How does a board rein in these twitter tantrums?"

Elon remains seemingly unchecked by $TSLA board.

#CorpGov #RiskManagement #HateSpeech

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More from @nancylevine

Mar 27
SCOOP: Amy Kremer’s Women for America First Tax-Exempt Status Revoked, by me @ranttmedia

Organizer of Trump's Jan 6 rally had its tax-exempt status revoked for non-filing for 3 consecutive years. IRS spox: "May be inadvertent or may be otherwise." rantt.com/legal-liabilit…
It's not clear how funds donated to Women For America First were allocated, nor what action, if any, the IRS may take to investigate donations. E.g., Publix heiress Julie Fancelli donated $300K to WFAF in advance of the Jan. 6 rally, WaPo first reported. rantt.com/legal-liabilit…
The IRS told @ranttmedia previously that it does not comment on potential investigations of specific organizations. rantt.com/legal-liabilit…
Read 8 tweets
Dec 12, 2022
I emailed @Tesla board chair Robyn Denholm and head of investor relations Martin Viecha today with questions about Elon Musk's #Twitter activities and his impact on $TSLA. I will report if I receive a response. Source reporting in thread below. #CorpGov #RiskManagement Image
Tesla approval rating sinks into negative territory, survey finds. $TSLA
marketwatch.com/amp/story/tesl… via @MarketWatch
Elon Musk Is a Far-Right Activist
One tweet says it all. $TSLA

theatlantic.com/technology/arc… via @TheAtlantic
Read 6 tweets
Sep 9, 2022
Board of Salem Media Group has a fiduciary duty to shareholders to manage risk

Salem Media took a financial hit from publisher @Regnery’s recall of @DineshDSouza’s book ‘2000 Mules.’

Do $SALM shareholders want to assume more risk? #riskmanagement #CopGov
npr.org/2022/09/08/112…
Are largest shareholders of Salem Media Group, parent company of @Regnery, publisher of Dinesh D’Souza’s recalled book 2000 Mules concerned about potential liability risk? $SALM #2000Mules #riskmanagement #CorpGov
“Salem Media Group Inc. ( $SALM) cut its third quarter total revenue outlook, reflecting the postponement of the forthcoming book, 2000 Mules by Dinesh D'Souza, until the fourth quarter.” #2000Mules #CorpGov #riskmanagement via @Nasdaq nasdaq.com/articles/salem…
Read 8 tweets
Sep 9, 2022
Publisher of @DineshDSouza's '2000 Mules' book @Regnery told @NPR that "'some advance copies were distributed in error.'"

"Some advance copies"? Not exactly. ALL copies distributed to Amazon, Walmart, and Barnes & Noble, etc.

What was the "publishing error"? #2000Mules
Screenshot of publisher's notice to book distributor for Walmart. FULL RECALL of Dinesh D'Souza's '2000 Mules' book.

And spokesperson for Barnes & Noble emailed me:

"We can confirm that the publisher did notify us of the recall and for all books to be removed." #2000Mules
I obtained a copy of recalled version of Dinesh D’Souza’s ‘2000 Mules’ book. Publication page clearly indicates this is not an “advance copy.” It is a first edition, first print run. Very costly to recall and reprint, re-distribute. Who paid for the recall? #2000Mules
Read 4 tweets
Aug 29, 2022
🚨NEW: Publisher of @DineshDSouza's book 2000 MULES has issued a FULL RECALL. I received this image from a book vendor for Walmart. The book's election fraud premise has been widely debunked.

I've asked publisher @Regnery why it issued the full recall. Will report. #Publishing Image
“'My opinion then and my opinion now is that the election was not stolen by fraud,' Barr said. 'And I haven’t seen anything since the election that changes my mind on that, including the ‘2000 Mules’ movie.'” @reveal revealnews.org/article/true-t…
@Regnery's "list of authors reads like a 'who’s who' of conservative thought and action, including Ann Coulter, David Limbaugh, Michelle Malkin, Dinesh D’Souza, Newt Gingrich, Mark Steyn, Mark Levin, Ed Klein, David Horowitz, Laura Ingraham, Donald Trump"

I await Regnery's reply Image
Read 5 tweets
Aug 29, 2022
Charles Schwab, founder of @CharlesSchwab donated $36,500 to the Republican National Committee in July. Chuck gave $1 million to GOP super PACs affiliated with Mitch McConnell and Kevin McCarthy in June.

@ProjectLincoln was right about Schwab. $SCHW

"The Lincoln Project, a group of anti-Trump conservatives, had featured Schwab in a recent campaign highlighting companies that donated to President Trump or the election objectors in Congress."

Chuck Schwab is still donating to GOP groups. $SCHW
nytimes.com/2021/01/13/bus…
Charles R. Schwab is chairman of @CharlesSchwab. He still owns about 7% of its stock. He is "the single biggest contributor so far this cycle to the McCarthy Victory Fund, a PAC supporting McCarthy. He donated more than $366,000 in March"

Boycott $SCHW

washingtonpost.com/politics/repub… Image
Read 9 tweets

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