Tesla to hold annual say-on-pay votes after stockholders favor one-year frequency

Tesla, Inc.

Stockholders voted 1,053,432,376 shares (majority of votes cast) for one-year frequency of advisory votes on executive compensation.
Tesla intends to include a stockholder advisory vote on executive compensation in its proxy materials every year until the next frequency vote.
801,283,053 shares voted for three-year frequency; 6,787,189 for two years; 31,564,310 abstained; 526,990,497 broker non-votes.
Decision is consistent with the non-binding stockholder vote at the May 16, 2023 Annual Meeting.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Tesla, Inc. shareholders approved Advisory vote on the frequency of future stockholder advisory votes regarding executive compensation at the 2023-05-16 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

1,053,432,376 shares voted for one year, 6,787,189 shares voted for two years, 801,283,053 shares voted for three years, 31,564,360 shares abstained and there were 526,990,497 broker non-votes.

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Tesla, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-052618

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