Tesla Finally Adds Independent Directors to Its Board

Following months of pressure from investors, Tesla has added two independent directors to its board. James Murdoch, CEO of 21st Century Fox, and Linda Johnson Rice, chairman and CEO of Johnson Publishing, will join the nine-member board as the first directors with no prior relationship to Tesla or its CEO Elon Musk.

CtW Investment Group, which works with union pension funds, called on Tesla to add at least two independent directors--and pushed for additional steps, including a...

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