(Reuters/Aly Song//File Photo / Reuters Photos), Jeff Sica, Circle Squared Alternative Investments founder, told FOX Business on Monday that he is holding on Tesla stock after buying in December, and "things like Elon Musk jumping into every political controversy is a concern. It will be live-streamed on the web, plus an in-person event will be available as well, determined by random draw. After Teslas announcement, we now know the 2022 Shareholder Meeting date but Tesla did not clarify if the stock split going in for approval at this event will be a 5 for 1 like the previous one or some other ratio. Stockholder proposal regarding additional reporting on child labor. The deadline for entry was Friday, July 1, 2022, at 11:59 Central Time. To access Zoom, tap Application Launcher > Zoom. During this years meeting, shareholders voted on 13 items. Tesla announced its first master plan in 2006 outlining a general strategy of building luxury electric sportscars, and subsequently, affordable models of electric vehicles. Analysts will also be keeping an eye on any mention of EV tax credits or the impact of the new Inflation Reduction Act. https://www.fidelity.com/customer-service/contact-us, https://www.interactivebrokers.com/en/support/individuals.php, https://www.tdameritrade.com/why-td-ameritrade/contact-us.html, https://www.ml.com/contactus/contact-us.html, https://personal.vanguard.com/us/serviceCenter/%3FcbdPop%3D1. Following the announcement, TSLA shares rose over 4% on Mondays pre-market. Tesla is pushing the boundaries of its production capacity to reach Musk's goal for it to produce 20 million cars a year by 2030. The automaker announced earlier in June that it proposes a 3-for-1 stock split pending shareholder approval at this years annual meeting. But before signing up to be part of the meeting, Tesla has also posted detailed 2022 Annual Meeting Drawing Terms here: www.tesla.com/2022-meeting-terms that you should read for sure. A short squeeze occurs when a stock moves sharply higher, prompting traders who bet its price would fall to buy it to avoid greater losses. Tesla's 2022 Annual Shareholder Meeting will be on August 4th in Austin, TX. Musk said Tesla might be able to announce an additional factory this year and he expected eventually to have 10-12 so-called gigafactories. Teslas Board of Directors has approved the management proposal, but the stock dividend will be contingent on final Board approval. Across the companys lifetime, Teslas solar products have produced more energy than was used to manufacture and even charge Teslas EVs (both at Superchargers and at home). 18, 2022. During the time, the company noted that its stock split will be held to make stock ownership more accessible to employees and investors.. Tesla's 2022 Annual Shareholder Meeting will be on August 4th in Austin, TX. On Feb. 7, Musk Tweeted that Master Plan 3 will be announced at the March 1 event and would provide "a path to a fully sustainable energy future for Earth.". You can watch the livestream on YouTube or via the embedded video As per the livestream link, the event will start streaming on March 1 at 3 p.m. CST (4 p.m. EST/1 p.m. PST). The 2023 Investor Day will be held at Gigafactory Texas. Disclaimer: Not affiliated or officially linked with Tesla Inc. in any way. This is the event where the automaker is going to ask for shareholders vote for the next stock split. ", STUDY FINDS GENERAL MOTORS AND TESLA HAVE THE MOST LOYAL CUSTOMERS. Tesla's annual meeting of shareholders will be held on August 4, 2022, and proxy voters are allowed to vote online up until August 3. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. There is a 13-point agenda set for the Tesla 2022 Annual Stockholder Meeting. After a few days of a downward trend, TSLA stock price has started to gain momentum towards the end of market close on Monday yesterday. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Open the email and follow described instructions to vote. After official business for the meeting was adjourned, company CEO Elon Musk took to the stage and delivered a presentation. Teslas Investor Day will take place on Wednesday, March 1, at 4 p.m. Polling results will be made public within four business days. The board had earlier said a proposal like this could create opportunities for special interests to skew Tesla plans. Stock market expert Adam Kobeissi, founder of the financial newsletter, The Kobeissi Letter, said the meeting will be a "reassurance that Elon Musks top priority remains Tesla after a volatile year for the stock and his acquisition of Twitter.". The Tesla board recommends voting FOR proposals from 1 to 5 and AGAINST the proposals from 6 to 13. Elon Musk will reveal his "Master Plan 3" at Tesla's (TSLA) highly anticipated 2023 Investor Day, in a live stream from the automaker's Texas Gigafactory. With the company being the undisputed giant of the electric vehicle sector, and with the auto industry shifting to electric transportation, Tesla is carrying a lot of momentum. All rights reserved. The company hopes to produce 20 million cars per year by 2030. Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. Shares of Tesla are up more than 86% year to date, but theyve been flatlining over the past week. GET FOX BUSINESS ON THE GO BY CLICKING HERE, GLJ Research founder and CEO Gordon Johnson and Gerber Kawasaki president and CEO Ross Gerber debate the case for Tesla on 'The Claman Countdown.'. "The Model 3/Y will receive a handful of exterior and interior changes, including new mirrors and a Tri-band GPS, allowing Tesla to eliminate the need for various sensors, including external temperature," Teslascope said. "I am not selling yet, but I am going to listen very closely," Sica added. You can learn more about the standards we follow in producing accurate, unbiased content in our. The Tesla CEO hyped up Full Self Driving (FSD) beta 10.13 as 10.69, saying theyve made significant improvements to the upcoming build. The picture was taken with a drone. Posted on June 28, 2022. If you were a stockholder on June 6, 2022, you may apply for this drawing. If you experience difficulties, please contact Merrill Lynch support at https://www.ml.com/contactus/contact-us.html to learn how to vote. The day after the EV company's Artificial Intelligence Day on Sept. 30, 2022, REUTERS/Aly Song/File Photo. Dressed in black, Chief Executive Elon Musk heavily influenced the voting and spoke to an enthusiastic crowd after the vote. To be part of the random draw through which Tesla (TSLA) will select the physical participants of this years annual meeting, the automaker has set up an entire page with details on its official website here: www.tesla.com/2022shareholdermeeting. Aug 4 (Reuters) - Tesla Inc (TSLA.O) shareholders voted for board recommendations on most issues at the company's annual meeting on Thursday, According to Musk, its doable for Teslas lifetime vehicle production to reach 100 million units in the next 10 years. Continuous operations are activities of a company that are ongoing and sustained in the event of a business disruption. read more. Other areas of interest for the analysts include details about operating margin goals, annual battery production metrics, full-self driving capabilities and robo-taxis. Read Full Story CEO Elon Musk confirmed that Tesla plans to build a Gigafactory in Monterrey, Mexico. Thank you for your support of Tesla! Tesla's stock rebounded by 87% year-to-date after falling to close at $123.18 on Dec 30. Bloomberg. Tesla provided more detail about its planned stock split in a recently-filed 8-K fling. Apr. In an October 2022 earnings call, the CEO said Tesla was working to cut its production costs in half, which could potentially enable such a vehicle. Tesla will take care of business, such as voting on board members. This is the event The eyes of Texas will be on Austin Wednesday when Tesla hosts its investor day and annual shareholder meeting from its gigafactory facility near the state's capital. If you cannot locate this email, contact your broker to learn how to vote. Tesla. An error has occurred, please try again later. Tesla is just finishing the first quarter of 2022, but the company typically schedules its annual shareholder meeting in the latter half of the year. Our Standards: The Thomson Reuters Trust Principles. A Generation 3 update could create a possibility of cheaper vehicles, Musk is also likely to talk about a 'path to a fully sustainable energy future for Earth'. We advise Tesla shareholders to vote with management recommendations. Tesla proposal to ratify the appointment of PricewaterhouseCoopers LLP as Teslas independent registered public accounting firm for the fiscal year ending December 31, 2022. The construction site of the new Tesla Gigafactory for electric cars is pictured in Gruenheide near Berlin, Germany, Mar. Likely on the agenda are Musk's plans to expand production, details about Generation 3 that could lead to cheaper cars, product updates, and ideas about sustainable energy. ET (3 p.m. local time). Tesla's 2022 Annual Shareholder Meeting will be on August 4th in Austin, TX. Investors approved a three-for-one stock split. These include white papers, government data, original reporting, and interviews with industry experts. Reuters. See here for a complete list of exchanges and delays. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The best Tesla, SpaceX, and Elon Musk news resource. Becoming a stockholder after this date disqualifies you from entering the draw, thus attending the meeting as well. If you have a Zoom meeting in your Calendar, tap the link to automatically start or join your meeting. Furthermore, he hinted at some cool stuff happening on the Supercharging front.. Proposals on governance issues at Tesla's 2022 annual shareholder meeting were well supported, according to Tesla SEC filings and Morningstar research. (Reuters/Aly Song//File Photo / Reuters Photos). To cast your vote online, youll need to search for a specific email in your inbox, which may be in your spam folder (same email address that is associated with your broker account). Musk teased the announcement of another Gigafactory location later this year. The company says the shareholder meeting will take place at its headquarters in Austin at Giga Texas. Tesla, Inc. 2022 Annual Shareholder Meeting will take place at the companys new HQ in Austin Texas, the exact address of which is 1 Tesla Road Austin, TX 78725. Please note that you will have to upload proper evidence of Tesla stock ownership on June 6, 2022 (not any other date, including a different date in June 2022), which must be one of the following and must show your name. The approval came from the Governors Office of Economic Development, and Lombardo noted that the [], Teslas upcoming Gigafactory in Mexico will have a footprint of almost 4,200 acres, according to Santa Catarina mayor Jesus Nava in a recent interview, taking up almost twice as much space as the automakers Austin, Texas plant reports Reuters. The automaker will hold the meeting on Thursday, August 4, 2022, at 4:30 p.m. CT. ELON MUSK, GAVIN NEWSOM ANNOUNCE TESLA'S NEW ENGINEERING HQ IN CALIFORNIA, General view of the construction site of the Tesla Gigafactory in Austin, Tex., Oct. 25, 2021. Y. MCU 3. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Stockholder proposal regarding proxy access, Stockholder proposal regarding annual reporting on anti-harassment and discrimination efforts. It was a 5:1 split. The approval came from the Governors Office of Economic Development, and Lombardo noted that the [], Teslas upcoming Gigafactory in Mexico will have a footprint of almost 4,200 acres, according to Santa Catarina mayor Jesus Nava in a recent interview, taking up almost twice as much space as the automakers Austin, Texas plant reports Reuters. ", Financial Times. 5, 2022, 08:00 AM. Related: Tesla Annual Shareholder Meeting 2022 Voting Proxy Materials (signup and vote online). Stockholder proposal regarding annual reporting on Board diversity. ", Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China, Jan. 7, 2020. All rights reserved. Tesla announced on Monday evening the date of its 2022 annual shareholder meeting, set to take place on Thursday, August 4. An 8-K filing from the electric vehicle maker provides additional information about the potential stock split. 'Generation 3' Platform Update and Cheaper Cars? Tesla doesn't officially refresh its vehicles, although InsideEVs shared information earlier this month about Tesla's mysterious "Project Highland," which is said to be a refreshed Model 3. Investopedia requires writers to use primary sources to support their work. Legal Statement. Tesla trades at about $1,000 per share today, which is still quite reasonable considering the companys product roadmap and potential.