Tesla Shareholders Meeting 2020 On July 7

Tesla Shareholders Meeting 2020 On July 7

Tesla's annual shareholders meeting will be held on July 7, 2020 at 2:30 p.m. Pacific Time, at the Computer History Museum located in Mountain View, California. For convenience, the company will also broadcast the 2020 Annual Meeting live.

According to the application submitted to the Securities and Exchange Commission on Thursday, the meeting agenda includes seven items.

Tesla's Board of Directors recommends voting “FOR” for three issues:

  1. A Tesla proposal to elect three Class I directors to serve for a term of three years or until their respective successors are duly elected and qualified (“Proposal One”).
  2. A Tesla proposal to approve executive compensation on a non-binding advisory basis (“Proposal Two”).
  3. A Tesla proposal to ratify the appointment of PricewaterhouseCoopers LLP as Tesla’s independent registered public accounting firm for the fiscal year ending December 31, 2020 (“Proposal Three”).

The board recommends an “AGAINST” vote for four shareholder proposals:

  1. A stockholder proposal regarding paid advertising, if properly presented (“Proposal Four”).
  2. A stockholder proposal regarding simple majority voting provisions in our governing documents, if properly presented (“Proposal Five”).
  3. A stockholder proposal regarding reporting on employee arbitration, if properly presented (“Proposal Six”).
  4. A stockholder proposal regarding additional reporting on human rights, if properly presented (“Proposal Seven”).

All shareholders who hold shares at the end of the business day on May 15, 2020, can attend the meeting and cast their vote, according to the SEC.

The company will oversee public health and travel safety protocols recommended by federal, state, and local governments. If any changes are made due to security concerns, they will be communicated through a press release and / or documentation to the SEC.

Whether you hold shares as a stockholder of record or a beneficial owner, you may direct how your shares are voted without attending the 2020 Annual Meeting, by the following means:

By Internet — Stockholders of record with Internet access may submit proxies by following the voting instructions on the Notice of Internet Availability until 1:00 am, Central time on July 7, 2020.

By telephone — Stockholders of record who live in the United States (or its territories) or Canada may request a paper proxy card from Tesla by following the procedures in the Notice of Internet Availability, and submit proxies by following the applicable “Phone” instructions on the proxy card.

By mail — Stockholders of record may request a paper proxy card from Tesla by following the procedures in the Notice of Internet Availability. If you elect to vote by mail, please complete, sign and date the proxy card where indicated and return it in the prepaid envelope included with the proxy card. Proxy cards submitted by mail must be received by the time of the meeting in order for your shares to be voted.

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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