Today, we are covering how to watch Tesla shareholder meeting 2022, so you can learn what decisions will be taken that will impact the future of the company.
Tesla’s annual meeting, now called Cyber Roundup, began Thursday afternoon from its Austin headquarters. The event is had the usual pomp and ceremony, thumping music, and perhaps noteworthy remarks from Tesla CEO Elon Musk.
On the agenda were 13 shareholder proposals, one of which called for a 3-for-1 stock split. The shares of Tesla increased by 0.40 percent in response to that suggestion, which seems to have enough support to pass. Since Friday, shares have increased by close to 10%.
How to watch Tesla shareholder meeting 2022?
Anyone could watch the event live on YouTube, including investors, admirers, reviewers, and, well, everyone else. The meeting got underway at 4:30 CT/5:30 ET. Although the meeting is already over, you can still watch the entire thing below.
Questions will no longer be accepted by the business; they will be directed at Musk and maybe CFO Zachary Kirkhorn and Drew Baglino. However, readers can visit the specific webpage supplied by Say Technologies to browse the list of questions and see which ones have received the most votes.
The majority of investors seem eager to see the stock split approved, judging by the enthusiastic response to Tesla’s plan in March. If the proposal is approved, the corporation will split its stock for the second time in two years. Two directors would be elected, applicable supermajority voting requirements would be removed, and director tenure would be cut to two years, according to Tesla’s agenda items.
Significantly, Tesla’s board will shrink. Larry Ellison, the co-founder of Oracle, is departing the board and his position won’t be filled. Ellison joined the board in 2018 as part of a deal with American securities regulators over Musk’s infamous statements about taking the firm private. Ira Ehrenpreis, a venture capitalist, and Kathleen Wilson-Thompson, a Walgreens executive, are running for re-election.
Additionally, shareholders have submitted proposals, all of which Tesla advises voting against. On the list are demanding that Tesla submit an annual report on its anti-harassment and anti-discrimination initiatives as well as the diversity of its board, the right of employees to establish a union, and regulations that would compel the business to publish more details on water danger and child labor.
We hope that you enjoyed this article on how to watch Tesla shareholder meeting 2022. If you did, we are sure that you will also enjoy reading our other articles, such as Elon Musk: Tesla Cybertruck deliveries could start mid-2023, or Tesla sold bitcoin: What does it mean.