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Stock Market Today: Dow Jones futures dropped Tuesday ahead of the Fed meeting. General Motors stock rose on a new share buyback plan. Read More...

Some Nordic retail brokers allow clients to vote at Tesla AGM

Some Nordic retail brokerages are allowing clients to vote at Tesla’s annual general meeting (AGM) this week, departing from their regular practice, after significant interest from investors and online comments from CEO Elon Musk. The June 13 AGM is shaping up as a referendum on Musk’s leadership, after a judge invalidated the CEO’s $56 billion pay package in January, calling it an unfathomable sum. As major shareholders appear divided over whether to endorse the package, Tesla is seeking support from retail investors who, excluding Musk and his brother, make up 48% of the ownership, an unusually high percentage, according to Bernstein.


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