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Tesla's Musk tells unhappy shareholders to buy Ford stock

Published Thu, Apr 13, 2017 · 09:50 PM

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San Francisco

A GROUP of Tesla Inc 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 Mr Musk took to Twitter on Wednesday afternoon to suggest that the investors buy stock in Ford Motor Co instead. The Ford family controls the Detroit carmaker through two classes of stock.

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