Tesla has added two new independent directors which are Oracle Chairman Larry Ellison and Kathleen Wilson-Thompson, the global head of human resources for Walgreens Boots Alliance Inc.
The Tesla board has been under fire for its oversight, or lack their of, of Chief Executive Elon Musk. The addition of Mr. Ellison and Ms. Wilson-Thompson fulfills the terms of Tesla’s September agreement with the Securities and Exchange Commission to settle claims that Mr. Musk misled investors when he tweeted the claimed this he had funding to take the firm private.