other material
confidence high
sentiment positive
materiality 0.15
Tesla shareholders approve redomestication to Texas and ratify Musk's 2018 pay
Tesla, Inc.
- Redomestication to Texas approved: ~63% of outstanding shares, ~84% of disinterested votes.
- Ratification of Musk's 2018 stock option award approved: ~77% of votes cast, ~72% of disinterested.
- Directors Kimbal Musk (1.81B for) and James Murdoch (1.57B for) re-elected.
- Non-binding proposal to reduce director terms to one year passed (1.23B for).
- Proposals on anti-harassment, collective bargaining, and sustainability metrics failed.