Tesla (TSLA) is "Doomed", Former GM Vice Chair Lutz Says
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Tesla's Musk tells disgruntled shareholders: Buy Ford
April 12, 2017 11:38 AM EDTBy Alexandria Sage and Nick Carey
SAN FRANCISCO/DETROIT (Reuters) - A group of Tesla Inc (NASDAQ: TSLA) investors has urged the luxury electric car maker to add two new independent directors to its board, without ties to Chief Executive Elon Musk, to "provide a critical check on possible dysfunctional group dynamics."
A defiant Musk took to Twitter on Wednesday afternoon to suggest the investors buy stock in Ford Motor Co (NYSE: F) instead. The Ford family controls the Detroit automaker through two classes of stock.
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