other material
confidence high
sentiment neutral
materiality 0.60
Tesla announces 3-for-1 stock split; shareholders approve 4B share increase at annual meeting
Tesla, Inc.
- Board declares 3-for-1 stock split via stock dividend; record date Aug 17, distribution Aug 24, split-adjusted trading Aug 25.
- Stockholders approved amendment to increase authorized common shares by 4B (to ~6B total).
- Elected Class III directors Ira Ehrenpreis and Kathleen Wilson-Thompson.
- Proposals to reduce director terms to 2 years and eliminate supermajority voting failed to get 2/3 supermajority.
- Ratified PricewaterhouseCoopers as independent auditor for FY 2022.