A corporate governance expert says that the board needs to be refreshed

Shares of Tesla (TSLA) continue to slide as the company once again asks shareholders to approve CEO Elon Musk's $56 billion pay package. Gerber Kawasaki CEO Ross Gerber joins Market Domination Overtime to discuss the situation with Tesla and Musk and why he is "grateful" to have sold the stock in recent months. Gerber gives his full thoughts over the company and the position he has taken.

Tesla has filed a preliminary proxy statement as it seeks shareholder approval for two key items: Elon Musk's pay package and the company's proposed reincorporation in the state of Texas. Charles Elson, a founding director of the Weinberg Center for Corporate Governance at the University of Delaware, says the board's responsibility is to ensure that Tesla survives beyond Musk's tenure. Elson: "At some point you have to say 'enough'