27 large Tesla shareholders call for an urgent annual general meeting, warning of legal risks and lack of transparency.
Raluca Ioana Draghici
Economy
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A group of 27 major Tesla shareholders has called on the board to urgently set the date of the annual general meeting, highlighting legal risks and lack of transparency. Tesla is approaching the 13-month legal deadline for holding the AGM, and the company's shares have fallen 27% this year. Criticism of Elon Musk and declining sales are contributing to worries among investors, who are also alarmed by Musk's intentions to launch a new political party.
Sources
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