Tesla's board is about to undergo the biggest changes since the company's founding
Steve Jurvetson, a former partner at the venture capital firm Draper Fisher Jurvetson, has been absent from Tesla's board since late 2017.Jurvetson, a long-time heavyweight in Silicon Valley’s venture capital world as cofounder of Draper Fisher Jurvetson, has been absent from Tesla board meetings since late 2017, when he also left his former investment firm due to a sexual harassment investigation.
Buss has been a board member since 2009, and was also CFO for SolarCity, a Musk-bankrolled company that Tesla acquired in 2007. Gracias is a long-time friend who’s backed Musk since his PayPal days through his firm Valor Equity Partners and bought the second Tesla Roadster ever produced in 2008. He’s also been targeted by activist investors who want him off the board because of those close ties. Rice, who led the Johnson Publishing Co.
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Tesla to shrink board to seven directors from 11Tesla Inc said on Friday that four members of its eleven-member board would be l...
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Tesla is under pressure after shaking up its board and receiving a demand-fueled downgrade from Wall StreetTesla shares fell early Monday after the company announced a board of directors shakeup and Evercore ISI slashed its price target.
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Tesla board shakeup seen as ‘important step’ in governanceTesla Inc. will bid farewell to longtime directors and reduce the size of its 11-member board to nine as the automaker ushers in a new era of corporate governance. Director terms will be cut to two years from three.
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Tesla is shuffling its board of directors amid ongoing negotiations with the Securities and Exchange CommissionTesla on Friday announced four members of its board of directors will leave their posts once their terms have ended.
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Tesla is dramatically changing its boardTesla Inc. disclosed Friday afternoon that several directors will leave its board, which has been criticized for failing to rein in actions by Chief...
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Tesla to Shrink BoardTesla plans to shrink its board from 11 to seven directors over this year and next, with three longtime allies of CEO Elon Musk planning to step down along with one of the auto maker’s newer independent members.
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Tesla wants to cut size of board from 11 directors to 7Get breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news.
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A Tale of Two Teslas: Elon Musk to Tout Robot Cars Amid Sales SlumpAs Tesla faces questions about whether demand for the Model 3 compact car is slowing, CEO Elon Musk wants investors to focus on vehicles driving themselves in a robot-taxi fleet.
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Tesla says investigating incident of parked car exploding in ShanghaiU.S. electric vehicle maker Tesla Inc on Monday said it had sent a team to inves...
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Tesla investigating apparent explosion of parked car in ShanghaiTesla said Monday it immediately sent a team to investigate an explosion of one of its cars in Shanghai Sunday evening local time.
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