The Gold Coast Bulletin

Tesla trims its board

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TESLA plans to cut its board of directors from 11 to seven in a move the car maker says will enable the board to act more nimbly and efficientl­y.

Tesla says the four directors who will depart aren’t leaving because of any disagreeme­nt with the company.

Tesla disclosed the changes in regulatory filings in the US on Friday.

Brad Buss, a longtime director, and Linda Johnson Rice will leave at the annual meeting in June. Two early Tesla investors, Stephen Jurvetson and Antonio Gracias, will leave next year if shareholde­rs approve the changes.

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