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Fortune
Fortune
Shane Goodwin

Tesla’s vote wasn’t about pay. It was about who really runs the company

goodwin (Credit: courtesy of Shane Goodwin)

At Tesla’s 2025 Annual Meeting, something significant and important happened. The outcome was not determined by proxy advisory firms. Instead, it was driven by shareholders who exercised their independent judgment. The people who actually own the company, both large institutional and retail investors, made it clear that they were no longer willing to let outside consultants dictate how they should vote. Tesla shareholders voted according to what they believed was in their financial interest and would create long-term value.

Shareholders Prioritized Long-Term Value, Not Procedural Playbooks

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