1. Tesla’s Addition of Larry Ellison to Board is a ‘home run appointment’, Analyst Says

    Tesla’s Addition of Larry Ellison to Board is a ‘home run appointment’, Analyst Says

    News that Tesla Inc. is adding two new directors to its board was cheered by bulls on Friday, while critics questioned whether a personal friendship with controversial Chief Executive Elon Musk and a large stake in the electric-car maker will create a conflict of interest for one of those new board members. Tesla said it is adding Oracle Corp ...

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    1. In Larry and Kathleen, we have added a preeminent entrepreneur and a human resources leader, both of whom have a passion for sustainable energy.
    2. It's great that he has skin in the game, but with a stake that large it's bound to conflict with a sense of independence.
    3. The good news is that now there is an independent board.
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