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TeslaTesla(US:TSLA) Herbert Ongยท2025-08-02 00:10

Corporate Governance & Shareholder Rights - The core issue is to grant Elon Musk 25% of Tesla's voting power [1] - Nasdaq rules (Rule 5640) may prevent Tesla from issuing super-voting shares [1] - The IPO bylaws did not initially include super-voting shares [1] Potential Solutions & Challenges - Negotiating an exception with Nasdaq is considered unlikely [2] - Tying voting power to performance-based equity grants would dilute existing common stock [2] - Share buybacks are mentioned as a potential counter to dilution, but with reservations [2] - Elon Musk purchasing Tesla stock is another option [2]