Yesterday on X, Elon Musk posted that the two key resolutions for the upcoming Shareholder Meeting were both passing by wide margins – and would subsequently go on to pass at today’s Shareholder Meeting.
Musk Compensation Package and Tesla’s Move to Texas
The two key resolutions, one on Elon Musk’s performance-based compensation package, and the other on Tesla’s re-incorporation to Texas, both passed in the preliminary stages. Each required a minimum number of ‘Yes’ votes to pass at the Shareholder Meeting.
The performance-based compensation package only required a simple majority – a certain number of Yes votes, with abstentions not counting as Nos. On the other hand, the move to Texas required a full majority, with abstentions counting as Nos.
Elon Musk declared his victory on X in these two key votes, and Tesla’s share prices moved favorably in post-market, and then again in pre-market trading. This is a positive indicator for Tesla and Elon Musk. On X, Elon recently agreed that given he has received a controlling stake in Tesla, he would work towards making Tesla the most valuable company on Earth.
The first five proposals are Tesla corporate proposals, while the remainder are shareholder proposals, and are covered in the table below. For more details, you can read Tesla’s Proxy Package. The proposals are ordered below in the order of presentation.
All the proposals passed in line with the board’s recommendation, except for two, which were to reduce director terms to one year and for simple majority stockholder voting.
Resolution
Board Recommendation
Vote Result
Elect 2 Directors for a 3 Year term (James Murdock, Kimball Musk)
For
For
Non-Binding Advisory-basis Executive Compensation
For
For
Move Tesla to Texas
For
For
Elon Musk’s Compensation Package
For
For
Appoint PricewaterhouseCoopers as Tesla’s accounting firm.
For
For
Reduce Director Terms to 1 Year
Against
For
Simple Majority Stockholder Voting
Against
For
Annual Report on Anti-Harassment and Discrimination
Against
Against
Freedom of Association and Collective Bargaining Policy
Against
Against
Report on EM Radiation and Wireless Technologies, and effects on humans.
Against
Against
Adopting targets and reports for sustainability metrics for executive compensation
Against
Against
Moratorium on sourcing minerals from deep-sea mining.
With Q1 2025 now behind us, another round of Tesla’s Supercharger Voting has wrapped up. The previous vote took place back in December, and we now get to see which locations came out on top.
Let’s take a look at the Q1 2025 winners of the Supercharger Vote:
North America
🇺🇸 Lake Wales, FL
🇺🇸 Henderson, NV
🇺🇸 Clarksville, TN
🇺🇸 Roswell, NM
🇺🇸 Long Beach, CA
🇺🇸 Decatur, IL
🇺🇸 McAlester, OK
Europe
🇬🇧 Bournemouth, United Kingdom
🇮🇹 Bari, Italy
🇵🇱 Wrocław, Poland
🇨🇿 Hradec Králové, Czech Republic
Asia-Pacific
🇰🇷 Namyangju - South Korea
🇦🇺 Nicholls, Australia
Supercharger Voting Q2 2025
Another quarter means another round of Tesla's Supercharger Voting, giving Tesla owners the chance to influence where new Supercharger sites will be built. Following the Q1 2025 voting round, Tesla is now opening the polls for Q2 2025.
How to Vote
To participate in the Q2 2025 Supercharger Voting, visit the Tesla Supercharger Voting page and sign in to your Tesla account. You can vote for up to five different locations, with a limit of one vote per location, every three months. The most popular Superchargers are displayed on the leaderboard, and you can also suggest new locations for future voting cycles.
We’ve known for a while now that Tesla has been using a custom build of FSD to allow its newly produced vehicles at Giga Texas and Fremont to autonomously navigate themselves from the production line to the outbound delivery lot.
While we knew they were using a custom build of what was likely FSD Unsupervised, thanks to a recent post from Tesla AI on X, this has now been confirmed. Tesla has also confirmed it has accrued over 50,000 driverless miles, totalled from vehicles autonomously driving themselves to delivery lots.
Giga Texas production now uses FSD Unsupervised to deliver cars from end of line to the outbound logistics lot.
Over 50,000 driverless miles have been accrued between California and Texas factories so far pic.twitter.com/79zKY0U6Ox
For most of Tesla’s vehicles - that’s a 1.4-mile trip that is shared with pedestrians, cars, trucks, and construction equipment. You can see in the video that the Teslas are navigating public roadways and encountering real human drivers.
That’s great news, especially since many were wondering whether Tesla would secure the necessary approvals in time to launch their Robotaxi network in June.
Increased Confidence
Following Tesla’s post to X, Musk followed up by saying that when Tesla launches FSD Unsupervised soon, it will be the first time there will be a generalized, pure AI solution to autonomy. Tesla and several executives continue to post more content about autonomy and the Robotaxi network, leading us to believe they’re feeling confident in the June launch.
Model Ys autonomously navigate a 1.4 mile trip on a road shared with pedestrians, cars, semi trucks, construction equipment & more pic.twitter.com/iPx2fs78v2
Back when Tesla initially announced the autonomous travel of its vehicles from production to loading lots, they mentioned that the Cybertruck was the only vehicle at Giga Texas not receiving that same treatment.
Now, that’s changed - Cybertruck is now also navigating through the Cybertunnel to make its way from the factory directly to the loading docks, all on Unsupervised FSD. And that’s making us even more excited, especially because Tesla was supposed to launch an FSD Update for the Cybertruck a little while ago - but it hasn’t made it to production yet. This update is set to bring Start FSD from Park, as well as Actually Smart Summon - bringing the Cybertruck to feature parity with Tesla’s other AI4 vehicles.
Cybertrucks autonomously navigate a 0.6 mile route traversing beneath one of America's fastest highways, emerging through a steep 17% grade to reach their destination pic.twitter.com/3ZMYCRPhIj
Now that Tesla is confidently using a build of Unsupervised FSD to navigate the tight confines of the tunnel and park, we’re pretty sure that Tesla will likely launch the expected FSD update in the near future.
FSD Update Soon?
It’s been a while since any FSD hardware variant has received an FSD update. It appears that Tesla has been focused on Unsupervised FSD and launching FSD outside of North America.
It seems like we may get a new FSD update soon, and we don’t believe it’ll be just for the Cybertruck. Those who have the opportunity to sign up for Tesla’s new Early Access program will likely be some of the first recipients to receive the FSD update, so stay tuned.
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