Home News Tesla releases updated proxy for Sept. 22 Shareholder Meeting

Tesla releases updated proxy for Sept. 22 Shareholder Meeting


Tesla (NASDAQ: TSLA) will maintain its 2020 Annual Shareholder Meeting on Tuesday, September 22, 2020, at 2:30 p.m. Pacific Time, in the firm ’s Fremont Production Plant situated at 5500 Fremont Blvd, Fremont, CA 94538.

In a Securities and Exchange Commission proxy statement filing on August 14, Tesla summarized seven agenda items to be voted on by company shareholders, which haven’t changed from the previously delivered out document. Tesla Board’s vote recommendations are included.

A Tesla suggestion to elect three Class I directors to serve for a term of 3 years or until their respective successors are duly elected and qualified (“Proposal One”). — “FOR”
A Tesla suggestion to accept compensation to get a non-binding probate foundation (“Proposal Two”). — “FOR”
A Tesla proposition to ratify the appointment of PricewaterhouseCoopers LLP as Tesla’s independent registered public accounting firm for the fiscal year ending December 31, 2020 (“Proposal Three”). — “FOR”
A stockholder proposal regarding paid advertising, if properly presented (“Proposal Four”). — “AGAINST”
A stockholder proposal regarding simple majority voting terms in our governing documents, if properly presented (“Proposal Five”). — “AGAINST”
A stockholder proposal regarding reporting employee mediation, if properly presented (“Proposal Six”). — “AGAINST”
A stockholder proposal regarding extra reporting on human rights, if properly presented (“Proposal Seven”). — “AGAINST”

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All stockholders at the close of business on July 31, 2020, are eligible to attend and cast their votes in the 2020 Annual Meeting by the Fremont Production centre located at 5500 Fremont Blvd, Fremont, CA 94538. A live stream of the assembly  will be made accessible.

Tesla said it would take into consideration issues which could possibly be regarding the COVID-19 pandemic, which has delayed the event. Procedures will be given to the event.

Investors who are unable to attend the occasion could cast their votes by phone, or through email. The final voting results will be printed at a Form 8-K, which will be submitted with the SEC after the shareholder assembly. The record is expected to be available from the SEC’s site.

Tesla also counsels any Shareholders who voted using the materials which were delivered to re-submit their votes in accordance with the proxy statement.

The full details of Tesla’s forthcoming 2020 Annual Shareholder Meeting may be accessed here.

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