Tesla Investor Council address ELON Musk Policy Title and its impact on the work of EV maker

Jay Bottira, 67, from Pennsylvania Suggest shareholders To the Board of Directors, which requires Tesla to adopt a policy of political neutrality, which prohibits executives and corporate leaders to provide data, approvals, contributions, and take other visual measures in support, opposition to political parties or candidates. Potira, a retired businessman, is very excited about renewable energy and the foundations of the two parties Solutions Solutions Cucus In 2016. He has also been an investor in Tesla since the company Public subscription In 2010, in his opinion, the Tesla mission is to be widely transported and the publication of renewable energy sources is of utmost importance. Bottira does not want to see “the daily policy of humanity hinders this.”

Bottira’s ordeal as Malik Tesla and a supporter of the effect of prominent musk on politics repeatedly caused the retail manufacturer. His suggestion is the first time that Tesla Council has to respond directly to inquiries and comes at a time when Tesla faces increased pressure on sales and innovation amid a slowdown in consumer spending.

“Elon Musk is a technical genius and I think his enthusiasm and passion enabled him to do things that no one can do, so it is not surprising that his interest in politics is greater than life.” “This type of emotion, energy and enthusiasm led him to create Tesla and make Tesla do unless any other company was able to carry out a practical electrical transmission.”

But the same enthusiasm, which is directed at politics, endangers the world’s transition to sustainable energy, said Bottira, and Tesla investors.

He said: “We cannot do anything at any level in the company that alienates customers, turns government officials, or alienates the organizers, whether here or abroad.”

He said that Potira contacted the Council in October 2024 with a letter that defines his concerns and did not get a response, which surprised him because at that time he owns about 8 million dollars from Tesla shares. Bottira has since sold about half of the investment after sticking to it for 15 years because it was concerned about the impact of political activity on the company and I believe that Tesla was represented in his investment portfolio.

“It makes sense that if you make political data in one direction or another, you will harm someone.” luck. “For this reason, I am a great defender of neutrality for people who are in the eyes of the audience.”

His proposal is not mentioned by the CEO of Tesla by name, but Musk was barely neutral. He spent $ 250 million north in the super -supported PAC support to fill in support to President Donald Trump and was the face of the Ministry of Government efficiency (DOGE). The last was behind thousands of federal functional discounts and the reduction of millions in federal financing.

Tesla plate pushing back

Members of Tesla Council, Head Written by Robin Dunholm, they seek to do so delete The proposal, which means that it will not appear in the company’s final agent’s statement and Tesla shareholders will not be able to vote on it at the annual meeting in November.

The Tesla Council wrote that the proposed neutrality policy “will not only have a chilling effect on freedom of expression, but it can be impossible and illegal to the council to implement and implement it.”

The members of the Board of Directors said in an opposition statement: “This would put the board of directors in an unprecedented position to monitor and analyze an unlimited category of data made by the company’s managers and the association employees in their personal capabilities using non -deferred platforms.” “The painting does not have the ability to enforce it and should not be placed in a position that is constantly explained by these overwhelming, mysterious and changing standards.”

The Council recommended investors to vote against the proposal, and to request To hit the entire proposal to Securities and Exchange Commission It is still suspended.

Increasing interests from Tesla investors

While Bottira submitted the shareholders’ proposal as an individual investor in the company, he is barely alone. Retail investors carrying thousands of Tesla shares have been on questions every three months since 2024 asking about Musk’s participation in politics and the council to curb it.

“Eleon the person has freedom of expression. Ambassador of the brand in Tesla no,” books One investor before the last profit call in July. “What is the Board of Directors to remove Tesla from the special procedures of its CEO?”

“Provigations, protests, sabotage, negative addresses and stock chip have ignited Elon Musk’s participation in changes to services and employment in the United States,” books Another investor in April. “Does Tesla Council discuss whether the CEO should have a full focus on Tesla and leave the government not for the elected politicians?”

Similar inquiries focus on musk interfered with the platform that Tesla uses to request questions from its army from retail investors before the quarterly profit calls in Januaryand October 2024, and July 2024.

Consumers in the blue states cool on Tesla

In California with democratic tendencies, which MUSK left for Texas, the strike was deep in Tesla sales. During the past seven quarters in a row, new records for Teslas He decreased in CaliforniaWhere the share of electric cars is represented excessively for the rest of the United States, according to the data from Experts. The state’s share of electric car recordings is 28.6 %, and the market share is 19.5 %. In comparison, the American market share in vehicles is 7.8 %.

California records in Teslias decreased by 18 % during the first half of 2025, compared to the first half of 2024, according to quarterly numbers. Published In July by the California New Auto Traders Association. Meanwhile, hybridization recordings increased by 54 % in California in the first half of the year. The Tesla Y and Model 3 remains the best two cars to sell in California, despite the decreases.

As of August 2025, Involve Among the registered voters in California were 45.3 %, while Republicans’ share reached 25.2 %, according to the California General Policy Institute.

A 2024 study by the Bath College at the Chicago Booth University founded a professor of economics that analyzed 117 events of the political position of major companies that when companies hold controversial positions, they get a response from consumers.

“Consumption values” written Written by Jacob Conway and Levi Bokil, he found that when a quarter of consumers realize the company’s political position on an issue, those that are in line with the situation increased their consumption by 19 % the following month. The study found that consumers who opposed the situation reduced their spending by 11 %.

Performing political data, “is definitely very fraught in the sense that there is now good academic evidence that taking positions certainly affects customers’ request on your product,” he said, he said. William CassidyAssistant Professor in Finance at Washington University First College of Business Administration.

The research also found that the differences in consumption continued even a year after the company took a political position on the issue.

Bottira said that he has friends who will not buy sults because of the musk policy and they have others who sold them. As an investor and an advocate of climate change, he finds this trend to warn.

Before submitting his proposal, he searched Tesla Work Ethics BlogAnd who asks employees to avoid conflicting interests that “interfere or appear to interfere, with the interests of Tesla.” His proposal requests the Board of Directors to integrate the data that leaders see political activities as inconsistent with the interests of Tesla. He said that the proposal does not aim to criticize anyone, punish or embarrass anyone in the company.

“I just ask the board of directors to recognize the dangers of political activity, learn from its mistakes, make the necessary amendments in governance, and move forward towards the goal of Tesla, the advertiser of” accelerating the transition to sustainable energy. “” The success of Tesla in this task is important to the world – more important than the personal political opinions of any one person. I hope that the Tesla Council will have the same mentality. ”