aut, auto, bact, carm, cmpny, cycs, cycs08, eleav, esg, esggov, esgsoc, job, meet1, mngiss, shract, amers, us, namer, man

The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, U.S., April 26, 2021. REUTERS/Shannon Stapleton/File Photo

Oct 13 (Reuters) - Automaker Tesla Inc (TSLA.O) on Wednesday said in a securities filing that support for a shareholder resolution on how it handles arbitration matters rose to 46% of votes cast at its annual meeting last week, up from 27% for a similar proposal in 2020.

The nonbinding resolution had asked Tesla's board to study the impact of its use of mandatory arbitration to resolve workplace complaints of harassment and discrimination. The issue drew more focus after a jury award of $137 million to a Tesla contract worker last week over workplace racism. read more

Tesla had opposed the resolution, arguing arbitration can benefit both parties of a dispute. The company did not immediately comment on the shareholder vote.

Kristin Hull, CEO of Nia Impact Capital who filed the resolution, called the higher support this year "a huge improvement as we educate folks on why this matters for building an innovative team with a diverse and inclusive company culture."

Tesla CEO Elon Musk owns 23% of Tesla's shares, according to its proxy statement, meaning the measure would have passed aside from his votes, Hull said.

Wednesday's filing showed among the two company directors up for re-election last week, James Murdoch received support from 70% of votes cast, and Kimbal Musk, Elon Musk's brother, received support from 80% of votes cast.

Reporting by Ross Kerber and Hyunjoo Jin; Editing by Chris Reese and Stephen Coates

Internet Explorer Channel Network


LATEST NEWS

NEWS RELATED

After Wild West start, scooter providers chase scale to survive

1/6 Georgia Yexley, UK and Ireland head of cities at micromobility firm Tier, gets ready to demonstrate an e-scooter in London, Britain, August 25, 2021. Picture taken August 25, 2021. REUTERS/Nick Carey LONDON, Oct 14 (Reuters) – The era of breakneck growth for electric scooter firms is giving way to…

Read more: After Wild West start, scooter providers chase scale to survive

S.Africa's NUMSA rejects new wage offer, engineering strike continues

Members of the National Union of Metalworkers of South Africa (NUMSA) hold placards as they gather ahead of an indefinite strike, threatening to choke supplies of parts to make new cars and accessories, in Johannesburg, South Africa, October 5, 2021. REUTERS/Siphiwe Sibeko CAPE TOWN, Oct 14 (Reuters) – South Africa's…

Read more: S.Africa's NUMSA rejects new wage offer, engineering strike continues

Mahindra Thar clocks cumulative bookings of 75000 units in one year of launch

Reuters The new Thar comes with both petrol and diesel powertrains mated with manual and automatic transmissions. New Delhi, Mahindra & Mahindra (M&M) on Monday said its SUV Thar has crossed 75,000 cumulative bookings mark in one year of its launch in the country. The all-new Thar continued its relentless…

Read more: Mahindra Thar clocks cumulative bookings of 75000 units in one year of launch

CNH Industrial to temporarily shut several plants in Europe on supply disruptions

Flags with CNH Industrial logo are pictured outside CNH Industrial building in Turin, Italy, February 5, 2020. REUTERS/ Massimo Pinca/File Photo Oct 13 (Reuters) – Italian-American vehicle maker CNH Industrial NV (CNHI.MI) said on Wednesday it will temporarily shut several of its European agricultural, commercial vehicle and powertrain manufacturing facilities…

Read more: CNH Industrial to temporarily shut several plants in Europe on supply disruptions

Hyundai Motor says it wants to develop chips, cut reliance on chipmakers

Hyundai logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay BERKELEY, Calif., Oct 13 (Reuters) – Hyundai Motor's (005380.KS) global operating officer said on Wednesday the automaker wants to develop its own chips to reduce reliance on chipmakers. The company’s global…

Read more: Hyundai Motor says it wants to develop chips, cut reliance on chipmakers

Renault plans move to rented HQ as it aims to cut costs-spokesperson

The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, September 9, 2021. REUTERS/Stephane Mahe PARIS, Oct 13 (Reuters) – French carmaker Renault (RENA.PA) will leave its current headquarters in Boulogne-Billancourt near Paris to move to a rented location as it looks to cut…

Read more: Renault plans move to rented HQ as it aims to cut costs-spokesperson

Ford Motor Co no longer has Rivian board representative

1/2 R.J. Scaringe, Rivian's CEO, introduces his company's R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake DETROIT, Oct 12 (Reuters) – Ford Motor Co (F.N), which has repeatedly touted its strategic relationship with electric vehicle maker Rivian, no longer…

Read more: Ford Motor Co no longer has Rivian board representative

GM extending Bolt production halt for two additional weeks

A 2019 Chevrolet Bolt plug-in electric vehicle is displayed at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Rebecca Cook WASHINGTON, Oct 13 (Reuters) – General Motors (GM.N) said Wednesday it will extend a production halt of its electric vehicle Chevrolet Bolt for two additional…

Read more: GM extending Bolt production halt for two additional weeks

Honda to launch new EV brand in China next year

Lordstown Motors names Adam Kroll as CFO

Wall St ends choppy session lower on earnings jitters; financials down

U.S. NHTSA asks Tesla why it did not recall autopilot system - AP

EXCLUSIVE Northvolt plots EV battery grab with $750 mln Swedish lab plan

GM, General Electric to study rare earth supply projects for EVs

ZF invests in Oxbotica to develop autonomous urban shuttles

Analysis: Tesla speeds the EV industry's South by Southwest drive

OTHER NEWS