Ford CEO Jim Farley sits down for a new edition of Yahoo Finance's 'Opening Bid' podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark, and why he remains bullish on EVs.
Businesses are becoming more wary of politics even as billionaire bosses go public with their views. Donald Trump's conviction could deepen that divide.
Joe Gebbia, the Tesla director who exited a board committee that made key decisions about the car maker's future, told Reuters that CEO Elon Musk had discussed purchasing a house from his start-up and that he was concerned their friendship could be seized on to attack the committee's independence. Gebbia, whose start-up Samara makes tiny prefabricated houses, was one of two directors that Tesla's eight-member board deemed independent enough to serve on a "special committee" that deliberated on the company reincorporating from Delaware to Texas. The board formed the special committee after Musk called in January for Tesla to move its corporate domicile out of Delaware, where a court shot down his $56 billion pay package.