Tesla will be holding their 2021 Annual Shareholder Meeting this afternoon, Thursday October 7 in a virtual-only format that is scheduled to begin at 2:30PM PST.
For the first time it will be held at their new Gigafactory in Austin, Texas, potentially giving us a hint of some of the unplanned items that may be discussed during the meeting.
What We Know
According to notice for the event, a total of four Tesla proposals and five stockholder proposals will be presented for voting. None of the proposals are too exciting from a shareholder’s perspective, with most of them dealing with the HR side of Tesla’s business.
All proposals have a recommended vote of ‘AGAINST’ by Tesla’s board.
Investor & Shareholder Questions
As with previous shareholder meetings and quarterly earnings calls, Tesla utilized Say Technologies to determine what questions will be asked during the livestream event. Each question can be voted on by other shareholders, with the most popular and shared questions rising to the top.
At the time of publication, here are the top voted questions:
- Does Tesla plan to offer any dividends to it shareholders in next 2 years?
- With $TSLA stock price back into the $700-800 range, and likely heading higher. Would you consider another split to allow retail investors to continue adding shares at a decent, per share, price.
- Is there any guidance on when Cybertruck production will begin and at what rate the ramp up will happen?
- Are we going to see 4680 battery cell this year in Texas? If not what part of production is holding up?
- Can Tesla provide quarterly updates on Energy Business along with Automotive Reporting Deliveries and Production?
Other Possible Announcements
As with any meeting with CEO Elon Musk behind the microphone, there are sure to be at least a few unplanned announcements. One that has a good chance of happening is the announcement that Tesla has shifted its headquarters to Austin, Texas.
This was foreshadowed earlier this month when the company released its Q3 2021 production and delivery figures from Austin, instead of Palo Alto which has published all previous reports.
With the shift of the location of the meeting to Giga Texas, another possible announcement is when production will begin at the new factory.
Only shareholders can vote and ask questions, but anyone can watch virtually at www.tesla.com/2021shareholdermeeting.