Musk dodges limits in Twitter board seat refusal: experts


Elon Musk's decision not to join Twitter's board may enable him to decide the company's direction externally. — AP Photo/File

Elon Musk's rejection of a Twitter board seat frees him to boost his ownership stake in the social media platform and dodge obligations to promote its best interests, experts warned Monday.

News last week that the controversy-courting Tesla boss had become Twitter's largest shareholder sparked a roller-coaster of developments that ended with the platform's CEO saying Musk had walked away.

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