Musk a Public CEO 'Disaster,' Volvo Cars Director Says

The video discusses the challenges faced by boards of public companies, focusing on Tesla, CBS, and Intel. It highlights Elon Musk's controversial tweet about taking Tesla private and the board's response. The CBS board's handling of shareholder conflicts and allegations against Les Moonves is examined. Intel's decision to oust its CEO and the resulting chaos is also discussed. The importance of board responsibilities, proper communication, and crisis management is emphasized.

What was Elon Musk's controversial action regarding Tesla?

• Merging with another company

• Resigning as CEO

• Tweeting about taking the company private

• Announcing a new product line

What is one of the key responsibilities of a public company board?

• Avoiding all media interactions

• Maximizing CEO compensation

• Increasing stock prices at any cost

• Ensuring proper communication with shareholders

What was a major issue faced by the CBS board?

• A failed merger with Tesla

• A data breach scandal

• Allegations against Les Moonves

• A hostile takeover attempt

What is a duty of a public company director?

• Duty of loyalty to shareholders

• Duty to follow CEO's orders

• Duty to avoid all risks

• Duty to increase personal wealth

What was a consequence of Intel's board decision to oust their CEO?

• Successful merger with another company

• Immediate improvement in company performance

• Company chaos and leadership void

• Increased stock prices

Why is it important for companies to have clear fraternization policies?

• To increase employee productivity

• To prevent workplace relationships

• To provide guidelines for appropriate behavior

• To ensure all employees are single

What should a board prioritize during a crisis?

• Maintaining a leadership presence

• Increasing CEO bonuses

• Acting quickly without consideration

• Avoiding all media attention