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Tesla Under Fire From Activist Investor for Forced Arbitration

Sept. 9, 2020, 10:00 AM

When Tesla Inc.’s shareholders gather September 22 for their annual meeting, Kristin Hull will have roughly three minutes to make the case against the company’s use of mandatory arbitration for employee sexual harassment and racial discrimination claims.

Hull is the founder and chief executive of Nia Impact Capital, a social impact fund based in Oakland, California that invests in several sustainable energy companies. Tesla is its biggest name and among its largest holdings. Late last year, she filed a first-of-its-kind proposal for a Tesla shareholder resolution. The ask: for the board of the Palo Alto, California-based electric-car maker, which has over 60,000 ...