[loourr]

This is just woke special interest groups buying shares to be loud. Sell your shares if you don't agree. This kind of thing is going to make being a public companies less and less desirable and push more and more companies too remain private, further concentrating wealth because of misguided "investor protection" rules.

[tslathro]

Just? If special interest groups control 60+% of shares outside of Musk's personal stake, I'd be shocked.

The data argues against your hypothesis pretty convincingly.

[belltaco]

I would think a lot of individual shareholders don't vote unless there's a high profile or high stakes issue like the Solarcity acquisition. Not sure if this data is available but would be interesting. This allows special interest groups to have an outsized influence on the vote.

[tslathro]

The data comes from morningstar, and the adjusted data removed Musk's shares. To perform that calculation they just have total numbers of votes cast. (And I would guess that most shareholders vote by proxy, meaning individual shareholders are, in fact, voting.)

[loourr]

If they controlled that many shares then it would be policy not a request. They clearly do not.

[yeetaccount]

Or investors are trying to mitigate potential damage to share prices if Tesla doesn’t improve their image.