Tesla Risks Missing Annual Meeting Mandate, Riling Investors (1)

July 9, 2025, 7:20 PM UTCUpdated: July 9, 2025, 8:39 PM UTC

Tesla Inc. is in danger of missing a deadline under Texas law to hold its annual shareholder meeting, stirring a group of investors and state officials to demand accountability.

The company has yet to file its annual proxy statement or announce a date for its yearly meeting. Texas, where the company is headquartered, mandates that corporate shareholder meetings be held within 13 months of the previous meeting—which would put Tesla’s deadline at July 13, the New York Times reported earlier.

A Tesla representative could not be reached for comment.

Texas doesn’t dissolve companies for missing the deadline, but a county ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.