On 28 September, Tesla Inc and Airbnb Inc co-founder Joseph Gebbia joined the electric vehicle maker. They also planned to have just seven board of directors sets after the departure of Oracle Inc co-founder Larry Ellison in August 2022.

Additionally, billionaire Airbnb Co-founder Joe Gebbia is an independent director of its board of directors. In July, Gebbia resigned from his full-time operating role at Airbnb after 14 years. Tesla said that Gebbia, 41, has waived all entitlement to cash compensation and has agreed to not take any stock-based rewards until July 2023.

• Defence Ministry Signs Rs 661.5 Cr BrahMos Navy Contract
• Hester Biosciences Approves Rs 1.05 Cr Solar Power Investment
• Mphasis Signs £35.4 Million Deal With Social Security Scotland
• Solex Energy Bags Rs 76 Cr Solar Module Order
• Interarch Climbs 2% on Rs 61 Cr Copper Refinery Order

CEO Elon Musk said that taking Tesla private. Ellison, a self-described close friend of Musk, was appointed by Tesla in December 2018 to comply with the agreement.

“Congrats on an incredible company with Airbnb, now for Book 2!'” Musk tweeted at that time.

In 2018, Gebbia had lauded Musk’s attempt to take Tesla private as a “baller move” in text messages revealed earlier this year as part of an ongoing shareholder lawsuit. Musk responded, “Sucks being public.”

“This sounds like more of the same. More of the bros of Musk rather than someone new and different,” said John Coffee, a professor and director at the Center on Corporate Governance at Columbia Law School.