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Benzinga
Benzinga
Politics
Dylan Wechsler

Why This Activist Investor Is Calling For Tesla To Be Investigated By SEC

SEC Elon Musk SOC Larry Ellison Securities and Exchange Commission CNBC NYSE

SOC Investment Group asked the Securities and Exchange Commission Friday to investigate Tesla, Inc. (NASDAQ:TSLA) as the company seeks to shrink the size of its board, according to CNBC. 

What Happened: In a June preliminary proxy filing, Tesla announced that Oracle Corporation (NYSE:ORCL) founder Larry Ellison would not seek re-election for his board of directors seat at the annual shareholder’s meeting.

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