State Treasurers Demand Change: Tesla Board Faces Backlash Over Musk's Distractions

In a compelling showdown, state treasurers from across the United States have called out Tesla's board of directors, expressing growing concerns regarding CEO Elon Musk's divided attention and its potential impact on the electric vehicle maker's strategy and performance. The treasurers, who collectively manage billions of dollars in state pension funds, underscored their discontent during a recent shareholder meeting, demanding a more focused leadership approach from the man famously known for his ambitious ventures beyond Tesla.

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Australia’s Economy Positioned for Soft Landing, Affirms Treasurer

In a recent report, Australia's Treasurer Jim Chalmers expressed optimism regarding the state of the Australian economy, indicating it remains on course for a "soft landing." This assertion follows a series of interest rate hikes aimed at navigating the nation through a post-pandemic recovery while managing the ongoing inflationary pressures.

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