November 13, 2024
Tesla investors urge vote against former CTO J.B. Straubel, for board independence

Tesla investors urge vote against former CTO J.B. Straubel, for board independence

An investor group on Monday urged fellow Tesla Inc. shareholders to vote against putting a former company executive on the board, saying the board already has a lack of independence and has been unable to rein in Chief Executive Elon Musk.

Tesla TSLA has nominated former Chief Technology Officer J.B. Straubel to replace independent director Hiromichi Mizuno, who will not seek reelection, according to the auto maker’s proxy. Straubel left the company in 2019, though he remained an adviser.

Straubel…

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