XLY - Nordic Brokerages Enable Voting At Tesla's AGM For The First Time | Benzinga
In an important move, some Nordic retail brokerages are now enabling their clients to vote at Tesla Inc. (NASDAQ:TSLA)’s annual general meeting (AGM) this week.
The decision marks a departure from their usual practice, spurred by heightened investor interest and comments from CEO Elon Musk, according to Reuters.
The upcoming AGM on June 13 is poised to serve as a crucial vote on Musk’s leadership, especially after a recent court ruling deemed his $56 billion compensation package excessive.
With major shareholders divided, Tesla is rallying support from its retail investors who, excluding Musk and his brother, represent 48% of the ownership.
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