Tesla Annual Meeting is Coming on 5 August- Split & More Questions??
$Tesla Motors(TSLA)$ hosts its annual meeting on Thursday from its new plant in Austin, Texas, where the biggest item on the agenda is voting for a 3-for-1 stock split.
In addition to the stock split, shareholders also need to vote on a number of topics and proposals on board members election, battery sourcing, worker disputes, and etc.
1. The 2nd Split in 2 Years
In August 2020, Tesla 5:1 split led to the surging price. It shares rose rapidly from $280 per share in August to nearly $500 per share at the end of August.
Tesla’s stock surged in late March when the company announced plans to seek investors’ authorization for the company to have more shares outstanding.
The stock soared when the company did a 5-for-1 split in August 2020.
So another split may lead to another spike in stock price?
2. More Questions Beyond Split
Following are the Top 5 questions that Tesla investors wish to be addressed in the 2022 annual shareholder meeting.
- How does Tesla intend to utilize cash in the coming few years?
- How many factories are necessary to achieve a long-term target of 20 million vehicles per year?
- When will Cybertruck pricing be released?
- How is Tesla viewing the geopolitical risk between the US and China?
- With peak inflation behind us, are you now seeing recession as a challenge sometime in 2023?
If tigers want to ask any questions on the annual meeting, you can click Say to vote for the questions you want to get answer.
Meeting detail:
Tiger community also offers livestream of Tesla Cyber Roundup at at 5:30 PM EST on August 4 (i.e. 5:30 am SST on August 5)
You can click here to watch the Tesla Cyber Roundup
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Will it happy again ?