secwatch.observer — SEC 8-K summary
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Issuer:     Tesla, Inc. (TSLA)
CIK:        0001318605
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001564590-23-005462
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tesla adopts proxy access bylaw allowing 3% holders to nominate directors
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- Proxy access right: stockholder(s) owning 3%+ of TSLA common stock for 3+ years can nominate up to 20% of board or 2 directors.
- Bylaws updated to comply with SEC Rule 14a-19 universal proxy card rules for director nominations.
- Amendments effective March 30, 2023; other technical and conforming changes made.
- Group of up to 20 stockholders can aggregate ownership to meet 3% threshold.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318605/000156459023005462/0001564590-23-005462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318605/000156459023005462/tsla-8k_20230330.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-005462

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer