Tesla (TSLA) got the SEC’s blessing today to let retail shareholders sign up for a standing instruction that automatically votes their shares the way Tesla’s board recommends, at every meeting, until they cancel it.
The timing is hard to ignore. Tesla still hasn’t scheduled its 2026 annual meeting, and Elon Musk keeps teasing a SpaceX merger that could hand him a big chunk of his $1 trillion pay package without hitting a single operational goal.
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