The CEO is his cousin, but he has recused himself of voting on the deal. I doubt... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		partiallypro on June 21, 2016 \| parent \| context \| favorite \| on: Tesla Makes Offer to Acquire SolarCity The CEO is his cousin, but he has recused himself of voting on the deal. I doubt the SEC & FTC will care; Wall Street on the other hand, I think they all see what this is about.

jonknee on June 22, 2016 [–]

Elon is the chairmen of both companies... It's definitely unusual.

partiallypro on June 22, 2016 | [–]

I didn't say it wasn't unusual, just that the SEC and FTC likely won't bat an eye.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact