This year's shareholders' meeting of Tesla, which will take place on June 13, 2024, is of particular importance as there are a number of important topics on the agenda that could have a significant impact on the future of the company.
Relocation of the company headquarters to Texas
A key item on the agenda is the planned relocation of the company's headquarters from Delaware to Texas. Tesla The company justifies this move with the close connection to the US state of Texas, where the company has major business activities and a significant presence of executives. The relocation is intended to reduce administrative expenses and increase the company's flexibility in order to be able to react more quickly to market changes.
Remuneration package for Elon Musk
Another critical point is the confirmation of Elon Musk's 2018 remuneration package. The package approved by shareholders was recently deemed "not entirely fair" by a Delaware court. Tesla The company is defending the package on the grounds that Musk's leadership has contributed significantly to the company's exceptional growth and shareholders have benefited substantially.
Further voting points
In addition to these main topics, there are other important voting items on the agenda:
- Election of two new directors: Kimbal Musk and James Murdoch are to be re-elected to the Board of Directors.
- Approval of the remuneration of the members of the Board of Directors: This will be put to the vote on a non-binding basis.
- Confirmation of PricewaterhouseCoopers LLP: The re-election of the auditing firm for the 2024 financial year will also be put to the vote.
Participation and voting rights
Participation in the Annual General Meeting is limited and will be determined by drawing lots. Shareholders have the opportunity to take part in the Annual General Meeting virtually and cast their votes online. The details of voting vary depending on the broker and Tesla has provided appropriate instructions to ensure that all votes are cast correctly.
These topics and votes show how Tesla intends to consolidate its strategic direction and secure its future growth. The shareholder meeting not only provides a platform for important decisions, but also an opportunity to celebrate the successes of the past year and look ahead to future plans.
