We have news of Tesla announcing its 2021 annual shareholder meeting. There will be a variety of issues discussed at this meeting, so let's get right into it.
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Tesla's 2021 Annual Meeting for stock shareholders will take place on Thursday, October 7, at 2:30 PM PST, at the Fremont, CA Gigafactory. The 2021 shareholder meeting will be available online.
Here is the agenda for the 2021 annual Tesla shareholder meeting with current proposals of "FOR", "AGAINST", or "NONE"
Tesla's Proposals:
A Tesla proposal to elect two Class II directors to serve for a term of three years, subject to the approval of Proposal Two, or until their respective successors are duly elected and qualified
"FOR"
A Tesla proposal for adoption of amendments to certificate of incorporation to reduce director terms to two years
"FOR"
A Tesla proposal for adoption of amendments to certificate of incorporation and bylaws to eliminate applicable supermajority voting requirements
"NONE"
A Tesla proposal to ratify the appointment of PricewaterhouseCoopers LLP as Tesla's independent registered public accounting firm for the fiscal year ending December 31, 2021
"FOR"
Proposals from Shareholders:
A stockholder proposal regarding reduction of director terms to one year, if properly presented (“Proposal Five”).
"AGAINST"
A stockholder proposal regarding additional reporting on diversity and inclusion efforts, if properly presented.
"AGAINST"
A stockholder proposal regarding reporting on employee arbitration, if properly presented
"AGAINST"
A stockholder proposal regarding assigning responsibility for strategic oversight of human capital management to an independent board-level committee, if properly presented.
"AGAINST"
A stockholder proposal regarding additional reporting on human rights, if properly presented (“Proposal Nine”).
"AGAINST"
Tesla will continue to monitor health protocols and recommendations by various governments and adjust the 2021 shareholder meeting if needed. Tesla will communicate this in advance if they do.
The 2020 Shareholder Meeting
Last year, for 2020, the shareholder meeting had two parts. The first was the formal part of the meeting to discuss the "FOR" and "AGAINST" issues for Tesla, of which there were 7. The second part of the meeting was Tesla Battery day. It will be interesting to see what Tesla has in store for 2021, besides the formal part of the meeting.
What do you think about Tesla's 2021 shareholder meeting? Will we see any special announcements?
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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter, Facebook, LinkedIn and Instagram to stay in touch and follow his Tesla news coverage on Torque News.
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