Consumer Discretionary / Industrials

Henry Kwon

Equity Bottom-Up

<p>Fine details of Tesla's voting details will be released in the next few days.  At the annual shareholders' meeting, Elon Musk and 3 Board members up for election survived, but the results in our opinion was widely expected (see, for example, <a href="https://www.washingtonpost.com/news/on-leadership/wp/2018/06/04/tesla-faces-two-big-shareholder-votes-tuesday-one-to-curb-musks-power-and-another-against-three-directors/?noredirect=on&amp;utm_term=.179ce1c720e7" target="_blank">https://www.washingtonpost.com/news/on-leadership/wp/2018/06/04/tesla-faces-two-big-shareholder-votes-tuesday-one-to-curb-musks-power-and-another-against-three-directors/?noredirect=on&amp;amp;utm_term=.179ce1c720e7</a>).  As such, after-hour trading price for the…</p>

Fine details of Tesla's voting details will be released in the next few days.  At the annual shareholders' meeting, Elon Musk and 3 Board members up for election survived, but the results in our opinion was widely expected (see, for example, https://www.washingtonpost.com/news/on-leadership/wp/2018/06/04/tesla-faces-two-big-shareholder-votes-tuesday-one-to-curb-musks-power-and-another-against-three-directors/?noredirect=on&amp;amp;utm_term=.179ce1c720e7).  As such, after-hour trading price for the…

Tesla: Shareholders Vote Gives Thumbs up for Musk - Good for Share Price