Task Purpose

The purpose of Assessment Task 3 is to have students undertake an analysis of the governance structures and the effects of flawed governance structures within a firm.

Task Topic

Within the context of corporate governance structures, students must research, consider, analyse and provide referenced comment upon the infamous tweet by Elon Musk made August 8, 2018 at 3:48am:

"Am considering taking Tesla private at $420. Funding secured."

The task will be assessed within the following sub-tasks:

1. A background to the firm and its pre-existing governance structures;
2. An analysis describing what led to the governance flaws in the firm;
3. A discussion of the effects of the tweet upon the firm, the CEO and the market;
4. An explanation of the actions taken to redress the governance flaws in the firm by the firm and by government.