Categories Tech News
Tesla’s shareholder meeting is all about succession
May 16, 2023
Tesla investors are facing some big questions at this year’s annual shareholder meeting — board seats for the chair, CEO, and former chief technology officer — as well as succession planning for the post-Elon Musk era.
The meeting, which will be livestreamed from the company’s headquarters in Austin at 3PM local time, comes on the heels of Musk announcing that former NBCUniversal advertising head Linda Yaccarino will succeed him as CEO of Twitter. Analysts cheered the move as an important one that will hopefully result in Musk paying more attention to his primary company, Tesla.
Musk stepping down as Twitter CEO “will be a positive for Tesla’s stock starting to finally remove this lingering albatross from the story,” Wedbush’s Dan Ives…