How to watch and what to expect at Tesla ‘Cyber ​​Roundup’ annual meeting – Meczyki.Net

Tesla will kick off its annual meeting — the rebranded Cyber ​​Roundup — from its Austin headquarters on Thursday afternoon, an event that promises to deliver customary pomp and spectacle, beats and draws some fresh commentary from its CEO Elon Musk. .

There are 13 shareholder proposals on the agenda, including one for a 3-for-1 stock split. That resolution, which appears to have enough support to pass, helped propel Tesla’s shares up to 0.40%. Shares are up about 10% since Friday.

Investors, fans, critics and, well, anyone can watch the event via livestream on YouTube (right below). The meeting begins at 4:30 p.m. CT/5:30 p.m. ET.

The company has stopped accepting questions that would be asked from Musk and perhaps CFOs Zachary Kirkhorn and Drew Baglino. However, readers can view the list of questions and see which questions have been voted for. dedicated webpage Provided by Say Technologies.

If the positive reception to Tesla’s proposal last March is any indication, it appears most investors are willing to approve of the stock split. If the measure passes, it will be the second time in two years that the company has split stock.

Tesla’s proposals on the agenda This included the election of two directors, eliminating the applicable voting requirements and reducing the director’s terms to two years.

Notably, Tesla’s board will get smaller. Oracle co-founder Larry Ellison, who joined the board in 2018 as part of a settlement with US securities regulators over Musk’s infamous tweets about taking the company private, is leaving and his spot will not be filled. Venture capitalist Ira Ehrenpris and Walgreens executive Kathleen Wilson-Thompson are up for re-election.

shareholders have make an offer, all of which Tesla has recommended voting against. Those on the list are requirements that Tesla report every year on anti-harassment and discrimination efforts, as well as on board diversity, the right to unionize employees, and measures that allow the company to provide additional information on water risks and child labor. will force.