Tesla investor group say distracted Elon Musk is hurting EV maker

While governance complaints are nothing new for Tesla, they only add to the list of challenges facing the EV maker. Earlier this week, the company reported lacklustre first-quarter earnings after aggressive price cuts it undertook to fend off competitors squeezed profits.

Musk said he plans to slash prices further, even if it hurts margins, sending the stock plunging more than 10 per cent on Thursday.

Amalgamated Bank, New York City pension funds and other signatories to the letter…

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