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Tesla Adds Independent Members To Board As Part Of SEC Settlement

"Tesla added Larry Ellison, executive chairman and founder of the software giant Oracle, and a senior executive at Walgreens Boots Alliance to its board of directors, fulfilling a key provision of a settlement with the Securities and Exchange Commission," according to the New York Times. The SEC had brought a securities fraud lawsuit against the company and chief executive Elon Musk.

Read the whole story at The New York Times »

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