Tesla Amends Bylaws for Jury Trial Waiver and Shareholder Ownership Threshold

Reuters2025-05-17

Tesla Amends Bylaws for Jury Trial Waiver and Shareholder Ownership Threshold

Tesla Inc. announced amendments to its Bylaws, effective May 15, 2025. The updates include a jury trial waiver for internal entity claims, an ownership threshold requiring shareholders to hold at least 3% of Tesla's shares to initiate or maintain derivative proceedings, and revisions clarifying the exclusive forum provision's scope.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tesla Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-050072), on May 16, 2025, and is solely responsible for the information contained therein.

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The updates include a jury trial waiver for internal entity claims, an ownership threshold requiring shareholders to hold at least 3% of Tesla's shares to initiate or maintain derivative proceedings, and revisions clarifying the exclusive forum provision's scope.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tesla Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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