Tesla names two directors as part of Musk US fraud settlement

Tesla named two more independent directors on Friday and said it completed the requirements of a US settlement of fraud charges involving Chief Executive Elon Musk. The electric car company tapped Oracle co-founder Larry Ellison and Walgreens Boots Alliance Executive Vice President Kathleen Wilson-Thompson for its board of directors, an element of the September agreement between Musk and the US Securities and Exchange Commission that resolved charges that Musk defrauded investors by claiming on Twitter that he had secured funding to take Tesla private.

from Yahoo News - Latest News & Headlines https://yhoo.it/2Rn620i