Tesla shareholders broadly follow board recommendations at annual meeting

NEW YORK, Aug 5 ― Tesla Inc shareholders voted for board recommendations on most issues at the company's annual meeting yesterday, including re-electing directors, approving a stock split, while rejecting proposals focused on environment and governance.

Over board opposition, shareholders passed an advisory proposal that would increase investors' ability to nominate directors. Dressed in black, Chief Executive Elon Musk heavily influenced the voting and spoke to an enthusiastic crowd after the vote. He owns 15.6 per cent of Tesla, according to Refinitiv data, after selling millions of shares last year.

Shareholder proposals that failed included ones arguing for endorsing the right of employees to form a union, asking the company to report its efforts in preventing racial discrimination and sexual harassment annually, as well as reporting on water risk.

Source: News Formal (newsformal.com)

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Covid-19 (Aug 4): 4,413 new cases, 8 deathsA total of 36,003 deaths have been attributed to Covid-19 so far. KKMPutrajaya Khairykj Go do some statistics and find out. For every 1 reported case, how many unreported cases
Source: malaysiakini - 🏆 20. / 51 Read more »

Covid-19 (Aug 3): 5,330 new cases, 10 deathsNew Covid-19 cases are the highest in two weeks.
Source: malaysiakini - 🏆 20. / 51 Read more »

McDonald's worker shot in New York over cold friesNEW YORK, Aug 4 ― A man in New York has been charged with attempted murder after allegedly shooting a McDonald&039;s worker for serving his mother cold french fries, police...
Source: malaymail - 🏆 1. / 86 Read more »

Dr M announces new 'Malay movement' to fight Umno in GE15Gerakan Tanah Air aims to contest 120 parliamentary seats. Taik Kuching. Tidur dulu PM10, PM11 .... so on ?
Source: malaysiakini - 🏆 20. / 51 Read more »