Tesla adds Elon Musk's 'close friend' Larry Ellison to board

Tesla has named Oracle Co-founder Larry Ellison and pharmacy chain Walgreens' global HR head Kathleen Wilson-Thompson as independent directors. The appointments are part of the settlement Tesla reached with US securities regulator over CEO Elon Musk's tweets about taking the firm private. Ellison, who calls himself a close friend of Musk, had revealed that Tesla is his second-largest investment.