Tesla Nominates Co-Founder Straubel to Board of Directors (1)

Tesla Inc. nominated JB Straubel, a co-founder and former senior executive, to join its board of directors as part of a broader reshaping of the carmaker’s senior management structure.

Straubel would replace Hiromichi Mizuno, who won’t seek reelection, Tesla said in its proxy statement filed Thursday. The company has also named Tom Zhu, who was the driving force behind its Shanghai plant, as its senior vice president for automotive operations.

The proposal to elect Straubel is one of five issues the company has asked investors to consider at its May 16 annual meeting. The proxy contains just ...