Get the latest tech news
Tesla has spent $200,000 advertising on Elon Musk’s X so far
Tesla's proxy is out, which means it's time to check in on all the related party transactions between Musk's various companies.
We now know how much Tesla paid as it released its annual proxy statement on Wednesday morning, which includes a section on “related person transactions” the company has made. Tesla doesn’t say exactly what those agreements entail, but the companies have reportedly shared or loaned employees following Musk’s acquisition of X and his increased focus at building AI products at each business. And the decision was ultimately made to put the move and the “re-ratification” of Musk’s stock plan up to a shareholder vote at the company’s annual meeting, which will now take place on June 13.
Or read this on TechCrunch
