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Tesla brings in two new members on board with SEC settlement

The greatest of all the electric-car makers and CEO – Elon Musk have always been in the news for all his crazy inventions, crazy comments, and all his significant size achievements he’s been doing around since he came in the business world.

His company Tesla, on the other hand, has been trying to survive in the car business world. A lot of controversies have been going on in the company along the past few months. A lot of employees have also been migrating from the company due to some misleading conceptions that have been going on around the block.

Elon Musk had agreed to a settlement back in September where he had decided to appoint a new presiding officer and two independent board members for the company. These decisions were taken after an SEC lawsuit allegedly complaint about Musk misleading their investors with a tweet that he did where he wrote about making a private share in the company with $420.

After all these misconceptions that took place in the company, Tesla had to make some significant decision for the good sake of the company. After a lot of thought over the problems going on, the company has finally brought Larry Ellison and Kathleen Wilson-Thompson on board with all the preventive measures with an SEC settlement.

The company needed to bring up some people in the business with all the experienced and expert human resources members. These decisions were taken when a lot of questions were raised over the influences that were brought over the employees from the company’s CEO Elon Musk.

Wilson-Thompson is appointed from the global head of human resources from the Walgreens Boots Alliance. He is also a very well-known former executive at the Kellogg company. On the other hand, Ellison is the co-founder and executive chairman of Oracle. He is known for recently disclosing a massive personal stake in Tesla company.

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