Twitter Investors Deal a Big and Humiliating Blow to Musk

Shareholders of Twitter (TWTR) – Get Twitter, Inc. Report) voted against re-electing Egon Durban, an ally to Elon Musk, as a director to the board at its annual shareholder meeting on May 25.

Durban, the co-head of private equity firm Silver Lake, had partnered with Musk when he sought to take Tesla (TSLA) – Get Tesla Inc Report), the electric carmaker, private as its CEO.

Twitter CEO Parag Agrawal declined to discuss the status of the takeover offer by Musk during its annual shareholder meeting.

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