Investment Group Looks To Shake Up Tesla Board

The CTW Investment Group is aiming to change up Tesla’s board of directors. Specifically, they’d like to see members go including venture capital investor Antonio Gracias, 21st Century Fox CEO James Murdoch, and CEO Elon Musk’s brother Kimbal Musk. CTW’s executive director released a statement saying that the three board members “exemplify the company’s failure to evolve.” He further went on to say that the investment group “admires Tesla’s innovation but is concerned with its continuing success that looks more tenuous than ever.” Stockholders will vote on retaining Gracias, Murdoch and Musk this June.

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3 years ago
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