Proxy Vote Update: Tesla (9/22/20)
Below are the resources for and the results of our recent Proxy Vote on behalf of our clients:
- Vote for the election of the following nominees:
- Elon Musk – For
- Robyn Denholm – For
- Hiromichi Mizuno – For
- A Tesla proposal to approve executive compensation on a non-binding advisory basis – For
- A Tesla proposal to ratify the appointment of PricewaterhouseCooper LLP as Tesla’s independent registered public accountants for the fiscal year ending Dec 3, 2021. – For
- A stockholder proposal regarding paid advertising – Against – Customer reviews and word of mouth have worked as unpaid advertising for Tesla.
- A stockholder proposal regarding simple majority voting provisions in our governing documents – Against
- A stockholder proposing reporting on employee arbitration – Abstain
- A stockholder proposal regarding additional reporting on human rights – For
Post by Phil Ratcliff
Phil Ratcliff, President of rebel Financial, is a senior financial advisor that holds an AIF®, CFP®, ChFC®, and CLU® certifications. He started his career at American Express Financial Advisors in 2003, then moved to AXA Advisors for 7 years before founding rebel Financial LLC in 2013.
