Tesla Adds Airbnb Co-Founder Joe Gebbia to Board of Directors
Joe Gebbia has had friendly exchanges on Twitter with Tesla’s CEO in recent months.
Photo:
Matthew Busch/Bloomberg News
Tesla Inc.
TSLA 1.72%
on Wednesday said it added
Airbnb Inc.
ABNB 4.06%
co-founder
Joe Gebbia
to its board, effective this past Sunday.
The electric-vehicle maker’s board size had shrunk to seven seats from eight after Oracle Corp. co-founder Larry Ellison didn’t stand for re-election.
Shareholders at Tesla’s annual meeting in August backed the proposed re-election of directors
Ira Ehrenpreis
and
Kathleen Wilson-Thompson,
who have served on the board since 2007 and 2018, respectively.
Mr. Gebbia waived any entitlement to cash compensation at the moment and joined the remainder of the board in waiving immediate equity compensation until July 2023, until the board makes such determinations, Tesla said in a securities filing. He most recently transitioned to an adviser role while serving on the board of both Airbnb and Airbnb.org, the Austin, Texas-based company said in a blog post.
Mr. Gebbia and Tesla Chief Executive
Elon Musk
have had friendly exchanges in recent months on Twitter, the social-media company that Mr. Musk agreed to buy for $44 billion but is now seeking to abandon through a legal fight with the company’s management.
Write to Denny Jacob at [email protected]
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Joe Gebbia has had friendly exchanges on Twitter with Tesla’s CEO in recent months.
Photo:
Matthew Busch/Bloomberg News
Tesla Inc.
TSLA 1.72%
on Wednesday said it added
Airbnb Inc.
ABNB 4.06%
co-founder
Joe Gebbia
to its board, effective this past Sunday.
The electric-vehicle maker’s board size had shrunk to seven seats from eight after Oracle Corp. co-founder Larry Ellison didn’t stand for re-election.
Shareholders at Tesla’s annual meeting in August backed the proposed re-election of directors
Ira Ehrenpreis
and
Kathleen Wilson-Thompson,
who have served on the board since 2007 and 2018, respectively.
Mr. Gebbia waived any entitlement to cash compensation at the moment and joined the remainder of the board in waiving immediate equity compensation until July 2023, until the board makes such determinations, Tesla said in a securities filing. He most recently transitioned to an adviser role while serving on the board of both Airbnb and Airbnb.org, the Austin, Texas-based company said in a blog post.
Mr. Gebbia and Tesla Chief Executive
Elon Musk
have had friendly exchanges in recent months on Twitter, the social-media company that Mr. Musk agreed to buy for $44 billion but is now seeking to abandon through a legal fight with the company’s management.
Write to Denny Jacob at [email protected]
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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