Tesla Inc. failed to pass corporate governance changes at the electric-car maker that its directors had proposed to give stockholders a greater voice in company matters. The board proposed the modifications in April, following a string of changes implemented after Chief Executive Elon Musk was accused by regulators of misleading investors with statements about a plan to take the company private. As part of a settlement with the government last year, Tesla named a new chairman and two new directors. The board’s recommendations...

Source: Wall Street Journal June 11, 2019 22:06 UTC