Tesla Investors Urge Vote Against Company’s Board Nominee

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A group of Tesla shareholders are standing against the nomination of a former executive to the electric-vehicle maker’s board over concerns that he is a company insider coming in to replace an independent director

the nomination of a former executive

to the electric-vehicle maker’s board over concerns he is a company insider coming in to replace an independent director. Labor pension-fund advisory firm SOC Investment Group and other investors urged Tesla shareholders Monday to vote against the nomination of former Chief Technology Officer JB Straubel to a seat that will be vacated by independent director Hiro Mizuno.

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