Tesla's High-Stakes 2024 Cyber Roundup: Everything You Need to Know
Attention Tesla enthusiasts and reincorporation">shareholders—mark your calendars, as the much-anticipated 2024 Annual Stockholders’ Meeting invitations are rolling out! This year's event is not just another meeting; it's termed the 2024 Cyber Roundup, and it's set to take place at Giga Texas in Austin on June 13, 2024.
The Essentials
The invitations are direct and to the point. Shareholders are required to RSVP within 48 hours upon receipt. The venue? None other than Giga Texas, 1 Test Road, Austin, Texas, a locale that's been at the center of Tesla’s recent expansion and innovation.
'NEWS: Tesla has started sending out invites to their 2024 annual shareholder-incentive">shareholder meeting at Giga Texas.'
Tweet by @SawyerMerritt
What to Expect
This year's meeting is poised to be particularly impactful due to two critical proposals: Proposals Three and Four. Proposal Three deals with Tesla’s potential reincorporation from Delaware to Texas, and Proposal Four involves the ratification of Elon Musk’s 2018 CEO Performance Award, which was rescinded by a Delaware judge early this year. Tesla has been actively encouraging shareholders to vote in favor of these measures, highlighting their significance for the company's future.
The Exciting Pre-Event
While the meeting is the main event, there's an exclusive prelude planned: a special Giga Texas tour on June 12, 2024. Fifteen lucky TSLA stockholders will have the chance to tour the Model Y and Cybertruck production lines, guided by none other than CEO Elon Musk and Design Chief Franz von Holzhausen. The deadline for shareholders to submit proof of voting and vie for this unique opportunity is June 7, 2024, at 11:59 p.m. CT. Winners will be announced shortly after.
'Thank you @Tesla, see you there! 🤠'
Tweet by @thejefflutz
Shareholder Sentiment
Investor sentiment about the proposals seems optimistic. According to a survey by Morgan Stanley analyst Adam Jonas, a majority of shareholders (57%) expect Elon Musk’s compensation package to be approved. This positive outlook is not without reason; 68% of the surveyed investors believe that if the compensation package is ratified, Tesla's stock price will see a significant uptick in the following days.
With high stakes and exclusive experiences on the line, the 2024 Cyber Roundup is set to be a momentous event in Tesla’s corporate calendar. Whether you're a shareholder pondering your RSVPs or simply a Tesla aficionado, this is one event you won't want to miss.
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