Tesla Adds Airbnb Co-Founder Joe Gebbia to Board of Directors

Dow Jones2022-09-29

Tesla Inc. on Wednesday said it added Airbnb Inc. co-founder Joe Gebbia to its board, effective this past Sunday.

The electric-vehicle maker's board size had shrunk to seven seats from eight after Oracle Corp. co-founder Larry Ellison didn't stand for re-election.

Shareholders at Tesla's annual meeting in August backed the proposed re-election of directors Ira Ehrenpreis and Kathleen Wilson-Thompson, who have served on the board since 2007 and 2018, respectively.

Mr. Gebbia waived any entitlement to cash compensation at the moment and joined the remainder of the board in waiving immediate equity compensation until July 2023, until the board makes such determinations, Tesla said in a securities filing. He most recently transitioned to an adviser role while serving on the board of both Airbnb and Airbnb.org, the Austin, Texas-based company said in a blog post.

Mr. Gebbia and Tesla Chief Executive Elon Musk have had friendly exchanges in recent months on Twitter, the social-media company that Mr. Musk agreed to buy for $44 billion but is now seeking to abandon through a legal fight with the company's management.

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Comments

Zwei2
2022-09-29
Zwei2
K
SSVC
2022-09-29
SSVC
K
- Wafu:
  Ok
AlanChong
2022-09-29
AlanChong
Ok
Ummi Jee
2022-09-29
Ummi Jee
Nice
MrHuattt
2022-09-29
MrHuattt
Okay
- AlanChong:
  Ok
- MrHuattt:
  Drop
chinks29
2022-09-29
chinks29
Ok
- ocllove:
  okok
- Zwei2:
  k

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