JB Straubel Nominated for Tesla Board, Proxy Statement, Data Privacy, FSD, China, Berlin, SpaceX (04.06.23)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 7 April 2023
⏱️ 13 minutes
🧾️ Download transcript
Summary
➤ Tesla files proxy statement ahead of annual meeting
➤ Attend Tesla’s shareholder meeting: www.tesla.com/2023shareholdermeeting
➤ Tesla co-founder nominated to return to board of directors
➤ Board and shareholder proposals
➤ Report on Tesla data management
➤ FSD Beta nag update
➤ Tesla continues hiring for Energy in China
➤ New Berlin construction
➤ Stricter US emissions standards to be announced
➤ SpaceX nears Starship orbital test flight
➤ Calendar
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Mauer here and today we are going to be talking about Tesla's proxy |
| 0:10.8 | filing for their upcoming annual meeting, some pretty big news out of that. |
| 0:14.5 | We've also got a report from Reuters on Tesla's handling of data privacy, some news on |
| 0:18.3 | China, Berlin, and more. |
| 0:20.3 | Quick look at the stock, remember this is the final day of trading for this week, Tesla |
| 0:23.8 | finishing down a quarter percent for the day to $185.06, while the NASDAQ was up 3 quarters |
| 0:28.8 | of a percent on the day. |
| 0:30.4 | Alright, we'll kick it off today discussing Tesla's proxy statement for their 2023 annual |
| 0:34.9 | shareholder meeting this was just published after market closed today. |
| 0:38.6 | As we knew previously, the shareholder meeting is scheduled for May 16th, so a little bit |
| 0:42.4 | over a month from now. |
| 0:43.8 | Tesla is going to be holding an in-person event at the Gigafactory in Texas, and shareholders |
| 0:48.1 | can now enter the drawing process to potentially receive an invite to the shareholder meeting. |
| 0:53.0 | Super easy to do that through your Tesla account and I'll put a link to do that down in |
| 0:56.4 | the description today. |
| 0:57.9 | As for the proxy statement, a couple of key things that we get in this each year are different |
| 1:01.2 | proposals, whether those are from the board or from Tesla shareholders, and then proposals |
| 1:05.5 | regarding the members of the board itself. |
| 1:07.8 | And this year, that is particularly interesting, so we'll start off with that. |
| 1:11.3 | Because Tesla co-founder and former CTO, JB's travel has been nominated for Tesla's board |
| 1:15.6 | and has accepted that nomination. |
| 1:17.8 | I've got a ton of respect for JB, so this is very exciting for me. |
... |
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