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Tesla | 8-K: Voting Results of Annual Shareholders' Meeting

SEC announcement ·  Jun 14 18:04
Summary by Futu AI
At the 2024 Annual Meeting of Stockholders held on June 13, 2024, Tesla, Inc. stockholders voted on a series of twelve proposals. James Murdoch and Kimbal Musk were elected as Class II directors to Tesla's Board for a three-year term. Stockholders approved the management's proposal for executive compensation on a non-binding advisory basis and the redomestication of Tesla from Delaware to Texas. The ratification of the 100% performance-based stock option award to Elon Musk, initially approved in 2018, was also confirmed. PricewaterhouseCoopers LLP was ratified as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Additionally, proposals regarding the reduction of director terms to one year and the adoption of simple majority voting provisions were...Show More
At the 2024 Annual Meeting of Stockholders held on June 13, 2024, Tesla, Inc. stockholders voted on a series of twelve proposals. James Murdoch and Kimbal Musk were elected as Class II directors to Tesla's Board for a three-year term. Stockholders approved the management's proposal for executive compensation on a non-binding advisory basis and the redomestication of Tesla from Delaware to Texas. The ratification of the 100% performance-based stock option award to Elon Musk, initially approved in 2018, was also confirmed. PricewaterhouseCoopers LLP was ratified as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Additionally, proposals regarding the reduction of director terms to one year and the adoption of simple majority voting provisions were approved. However, proposals related to annual reporting on anti-harassment and discrimination efforts, adoption of a freedom of association and collective bargaining policy, reporting on effects and risks associated with electromagnetic radiation and wireless technologies, integrating sustainability metrics into senior executive compensation plans, and committing to a moratorium on sourcing minerals from deep sea mining were not approved.

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