Due to the fact that large gatherings are still not allowed, Tesla will postpone the annual meeting of shareholders, which was previously scheduled for July 7. Due to the current situation, the meeting of shareholders and the Battery Day will most likely be combined and held on the same day.
Also, due to the impact of Сovid-19, the Battery Day was not held. Musk wrote that since both events converge in time, combining them would be a good idea. The date will be announced after the end of July.
Yes, but we will have to postpone annual shareholder meeting, as still no large gatherings allowed by July 7th. Not sure of new date, but am guessing maybe a month or so later.— Elon Musk (@elonmusk) June 20, 2020
Probably good to combine them, since they are converging in time. I’m hopeful we can announce a date after the July 4th week.— Elon Musk (@elonmusk) June 20, 2020
According to the application submitted to the Securities and Exchange Commission, the shareholders' meeting agenda includes seven items.
Tesla's Board of Directors recommends voting “FOR” for three issues:
The board recommends an “AGAINST” vote for four shareholder proposals:
Battery Day is a welcome event. Tesla has published a number of patents that hint at significant achievements in the development of a new battery with long service life and lower production cost.
This meeting promises to be eventful and interesting.