Walter Bloomberg
2025.10.20 14:02

$Tesla(TSLA.US) - TESLA PUSHES BACK ON PROXY FIRMS’ NO-VOTE RECOMMENDATIONS

Tesla responded to Glass Lewis joining ISS in recommending a no vote on CEO Elon Musk’s pay, saying these firms have repeatedly opposed Tesla proposals since 2018. The company argued that ignoring past recommendations helped shareholders benefit from a 20x market cap rise.

Tesla criticized the firms’ one-size-fits-all approach, saying it undermines shareholder interests and long-term value. The company highlighted the contributions of board members Ira and Kathleen, emphasizing their role in governance, strategy, and talent acquisition.

Tesla urged shareholders to support all proposals.

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