Summary by Moomoo AI
Tesla, Inc. has communicated its support for the company's redomestication to Texas and the ratification of the 2018 CEO Performance Award on May 31, 2024. The company expressed satisfaction with ISS' backing for the move to Texas, while addressing ISS' repeated concerns regarding the CEO Performance Award, which had been previously approved by Tesla stockholders. Tesla highlighted the success of the award, citing over $735 billion in value creation from 2018 to 2023. The company emphasized the importance of stockholder support for the current ratification proposal. Additionally, Elon Musk, in a video transcript, defended the award and criticized a Delaware judge's ruling that he perceived as undermining shareholder democracy. Musk also discussed the need for visionary leaders in disruptive innovation, and his request for...Show More