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Vanguard vote switch helped pass Tesla CEO Elon Musk's $56B pay package

9 pointsby 3pm11 months ago

3 comments

constantcrying11 months ago
Huge vote of confidence for Musk. Also remember that Musk is <i>paid in shares</i>, the vote was whether he should get a significantly increased influence in Tesla.<p>Curious what will happen to the court case. Can a court control a company against the repeated votes of share holders?
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3pm11 months ago
Does anyone know about BlackRock and State Street votes?<p><pre><code> But Vanguard, which has total assets of about $9 trillion, and other big index fund managers were always likely to be key to the vote. Representatives of Vanguard rivals BlackRock (BLK.N), and State Street (STT.N), declined to comment about their votes on Thursday.</code></pre>
Glyptodon11 months ago
I saw this and have been trying to determine the best means of complaining to Vanguard about their vote.