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Tesla: Oracle founder Larry Ellison joins board

(CercleFinance.com) - U.
S. electric car maker Tesla said on Friday that Oracle founder Larry Ellison has joined its board as an independent director, effective today.

Ellison - who is Oracle's current chief technology officer - is a "big believer" in Tesla's case, as the businessman purchased 3 million Tesla shares earlier this year, the group said.

Tesla also announced the appointment of Kathleen Wilson-Thompson, the chief human resources officer of drugstore operator Walgreens Boots Alliance, as an independent director, effective immediately.

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