Tesla Adds Larry Ellison, Musk’s ‘Close Friend,’ to Board
Additions of Ellison and Kathleen Wilson-Thompson of Walgreens Boots Alliance fulfill requirement in SEC settlement
The SEC filed a lawsuit against Elon Musk for securities fraud over a market-moving tweet in August about possibly taking Tesla private. The news is just the latest development in a tumultuous year for the CEO. Photo illustration: Heather Seidel/The Wall Street Journal
Tesla Inc. named a pair of new independent directors—including Oracle Corp. Chairman and tech-industry luminary Larry Ellison—to a board that has been under fire for its oversight of Chief Executive Elon Musk.
Tesla said Mr. Ellison, who has been a public booster of the electric-car maker, and Kathleen Wilson-Thompson, the global head of human resources for Walgreens Boots Alliance Inc., joined its board on Thursday.
Their...