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moves money Electrek September 29, 2026

Tesla (TSLA) wins SEC OK to auto-vote retail shares with board ahead of SpaceX merger

Tesla (TSLA) wins SEC OK to auto-vote retail shares with board ahead of SpaceX merger
AI Summary

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. 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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