false 0001318605 0001318605 2022-08-04 2022-08-04

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549 

 

FORM 8-K 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 4, 2022 

 

Tesla, Inc.

(Exact Name of Registrant as Specified in Charter) 

 

  

 

 

 

 

Delaware

 

001-34756

 

91-2197729

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

 

 

1 Tesla Road

Austin, Texas 78725

(Address of Principal Executive Offices, and Zip Code)

 

(512) 516-8177

Registrant’s Telephone Number, Including Area Code

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock

TSLA

The Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 


 

 

Item 5.07Submission of Matters to a Vote of Security Holders.

 

At Tesla, Inc.’s (“Tesla”) 2022 Annual Meeting of Stockholders (the “Annual Meeting”) held on August 4, 2022, Tesla’s stockholders voted on the following thirteen proposals and Tesla’s inspector of election certified the vote tabulations indicated below.

 

Proposal 1

 

The individuals listed below were elected as Class III directors at the Annual Meeting to serve on Tesla’s Board of Directors (“Board”) for a term of three years or until their respective successors are duly elected and qualified.

 

 

For

Against

Abstained

Broker Non-Votes

Ira Ehrenpreis

422,083,489

237,576,620

6,834,686

160,206,457

Kathleen Wilson-Thompson

450,788,965

208,928,959

6,776,871

160,206,457

 

Proposal 2

 

Proposal 2 was a management proposal to adopt amendments to Tesla’s certificate of incorporation to reduce director terms to two years. This proposal was not approved because it did not constitute at least 66 2/3% of the total outstanding shares of Tesla’s common stock.

 

For

Against

Abstained

Broker Non-Votes

658,920,067

2,368,893

5,205,834

160,206,457

 

Proposal 3

 

Proposal 3 was a management proposal to adopt amendments to Tesla’s certificate of incorporation and bylaws to eliminate applicable supermajority voting requirements. This proposal was not approved because it did not constitute at least 66 2/3% of the total outstanding shares of Tesla’s common stock.

 

For

Against

Abstained

Broker Non-Votes

648,905,048

11,405,458

6,184,288

160,206,457

 

Proposal 4

 

Proposal 4 was a management proposal to adopt amendments to Tesla’s certificate of incorporation to increase the number of authorized shares of common stock by 4,000,000,000 shares. This proposal was approved.

 

For

Against

Abstained

Broker Non-Votes

815,392,835

9,035,354

2,273,062

0

 

 

Proposal 5

 

Proposal 5 was a management proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. This proposal was approved.

 

For

Against

Abstained

Broker Non-Votes

815,823,639

4,946,671

5,930,942

0

 

Proposal 6

 

Proposal 6 was a non-binding advisory stockholder proposal regarding proxy access. This proposal was approved.

 

 


 

 

For

Against

Abstained

Broker Non-Votes

339,203,424

318,953,638

8,337,732

160,206,457

 

Proposal 7

 

Proposal 7 was a non-binding advisory stockholder proposal regarding annual reporting on anti-harassment and discrimination efforts. This proposal was not approved.

 

For

Against

Abstained

Broker Non-Votes

310,073,911

350,704,443

5,716,440

160,206,457

 

Proposal 8

 

Proposal 8 was a non-binding advisory stockholder proposal regarding annual reporting on board diversity.  This stockholder proposal was not approved.

 

For

Against

Abstained

Broker Non-Votes

64,045,523

593,842,981

8,606,291

160,206,457

 

Proposal 9

 

Proposal 9 was a non-binding advisory stockholder proposal regarding reporting on employee arbitration.  This stockholder proposal was not approved.

 

For

Against

Abstained

Broker Non-Votes

249,694,649

410,541,878

6,258,267

160,206,457

 

Proposal 10

 

Proposal 10 was a non-binding advisory stockholder proposal regarding reporting on lobbying.  This stockholder proposal was not approved.

 

For

Against

Abstained

Broker Non-Votes

228,375,570

431,305,947

6,813,278

160,206,457

 

Proposal 11

 

Proposal 11 was a non-binding advisory stockholder proposal regarding adoption of a freedom of association and collective bargaining policy rights.  This stockholder proposal was not approved.

 

For

Against

Abstained

Broker Non-Votes

214,095,344

427,836,445

24,563,006

160,206,457

 

Proposal 12

 

Proposal 12 was a non-binding advisory stockholder proposal regarding additional reporting on child labor.  This stockholder proposal was not approved.

 

For

Against

Abstained

Broker Non-Votes

69,241,120

587,705,507

9,548,167

160,206,457

 

Proposal 13

 

Proposal 13 was a non-binding advisory stockholder proposal regarding additional reporting on water risk.  This stockholder proposal was not approved.

 


 

 

For

Against

Abstained

Broker Non-Votes

233,727,702

426,509,894

6,257,198

160,206,457

 

Item 8.01Other Events

 

On August 5, 2022, Tesla issued a press release announcing that its board of directors has declared a three-for-one split of Tesla’s common stock in the form of a stock dividend. A copy of this press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01Financial Statements and Exhibits.

 

(d)Exhibits.

 

Exhibit No.

Description

 

 

99.1

Press release of Tesla, Inc., dated August 5, 2022.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

 


 


 

 

                                                                              

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

TESLA, INC.

 

 

 

By:

 

/s/ Zachary J. Kirkhorn

 

 

Zachary J. Kirkhorn

Chief Financial Officer

Date: August 5, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Sep 2022 to Oct 2022 Click Here for more Tesla Charts.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Oct 2021 to Oct 2022 Click Here for more Tesla Charts.