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Activist investor group asks SEC to investigate Tesla over plan to shrink board

Activist investor group asks SEC to investigate Tesla over plan to shrink board

Elon Musk, here seen at an event in New York in early-May, is being aggressively wooed to set up facilities to produce his electric vehicles “end-to end” in resource-rich Indonesia.

Taylor Hill | Getty Images Entertainment | Getty Images

Activist investors

have asked federal financial regulators to investigate Tesla over plans to shrink the size of its board from eight to seven members and close one slot for an independent…

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