Elon Musk suggests Tesla's new chairwoman won't rein him in

SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne Calif. on Sept. 17 2018

There were also several other conditions, including a requirement for Musk to step down as chairman of Tesla's board (he remains CEO) and for Tesla to institute some form of oversight over Musk's tweets to prevent similar situations from occurring in the future.

As part of Tesla's separate, but additional $20 Million settlement, the company would need to appoint a new Board Chairman (ultimately choosing Robyn Denholm for the spot), hire two independent board members, and police Musk's Tesla-related Tweets to ensure that they would not affect stock movement.

Robyn Denholm, an Australian telecommunications executive, was appointed chairwoman of Tesla's board last month, replacing Musk as part of a securities fraud settlement with USA government regulators.

Musk told Leslie Stahl that no one reviews his tweets before they go out, despite being told he can't tweet things that could impact his stocks.

In a newly released interview with CBS, he told reporter Lesley Stahl that he "preferred" not having a title but added that his tweets were still unsupervised. "I do not respect them". I'm not sure if you know it, but we open-sourced our patents, so anyone who wants to use our patents can use 'em for free.

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ELON MUSK: Well, I guess we might make some mistakes. I'm just being me.

He scoffed at the idea that Denholm was put in place to keep him in line. Ltd., Australia's largest telecommunications company.

"It's not realistic in the sense that I am the largest shareholder of the company and I can call for a shareholder vote and get anything done that I want", Musk said.

For example, one reason he gives during the 60 Minutes piece as to why so many production deadlines related to the Model 3 were missed?

While Barra was speaking with legislators on Thursday, Fiat Chrysler Automobiles NV said it will reopen one of its idle engine plant in Detroit and build a new Jeep, intensifying the irritation in Congress over GM's plan to cut jobs. Musk credited the decision to build a third general assembly line outside under a tent with saving the company. Specifically, to the agreement Elon reached in recent months with the U.S. Securities and Exchange Commission related to his August tweet announcing "funding secured" for a privatization of the publicly traded electric carmaker. He said he uses Twitter to express himself.

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