According tomedia The Verge, Tesla has finally set a date for the postponed annual general meeting and investor’s “battery day” event: September 22. The meeting will be held at the company’s auto plant in Fremont, California, with shareholders attending in person.
The annual general meeting was scheduled for July 7 at the Computer History Museum in Mountain View, California. The company plans to have shareholders in person and online, and said at the time it would “monitor public health and travel safety agreements required or recommended by federal, state and local governments.” Elon Musk, the company’s CEO, announced last month that the meeting would be postponed because of the COVID-19 outbreak, which still bans large gatherings in California. Musk has previously said his “tentative” target date is September 15.
At the meeting, shareholders will vote and comment on issues such as whether companies should start paying for traditional advertising. Many of Tesla’s board members will also run for re-election, including chairman Robyn Denholm, who took over in 2018 after Musk was barred from becoming chairman of any public company after a settlement with the Securities and Exchange Commission.
Battery Day was supposed to take place earlier this year, but was postponed because of the outbreak. Tesla is expected to reveal several advances in its battery technology, which could give it an edge over other companies that seek electric cars. Musk said last month that Tesla would provide attendees with a tour of the company’s “battery production system,” most likely referring to the company’s secret “Roadrunner” project, which aims to reduce the cost of making batteries and increase production.