City
Epaper

Elon Musk postpones annual shareholder meeting in Covid times

By IANS | Updated: June 20, 2020 11:05 IST

Tesla and SpaceX CEO Elon Musk has announced to postpone the annual shareholder meeting scheduled for July 7 owing ...

Open in App

Tesla and SpaceX CEO Elon Musk has announced to postpone the annual shareholder meeting scheduled for July 7 owing to the Covid-19 pandemic.

He also said the Tesla's 'Battery Day' is being delayed again and it may be combined with the annual investors' meeting later.

"We will have to postpone annual shareholder meeting, as still no large gatherings allowed by July 7th. Not sure of new date, but am guessing maybe a month or so later," Musk tweeted late Friday.

On Tesla 'Battery Day' event, he said: "Probably good to combine them, since they are converging in time. I'm hopeful we can announce a date after the July 4th week".

The "Powertrain and Battery Investor Day was set to tell more about the automaker's latest development in powertrain and battery technology.

Last month, Musk updated Tesla's upcoming event to add that it will focus just on batteries and not powertrain, reports Electrek.

Amid pressure from workers, Musk also announced that Juneteenth is "henceforth considered a US holiday at Tesla & SpaceX".

In a follow-up tweet, Musk clarified that this will "require the use of a paid-time-off day," like other holidays at the company.

( With inputs from IANS )

Tags: Tesla & spacexSpacexElon muskSpacex falcon
Open in App

Related Stories

InternationalSpaceX Starship 36 Explodes During Static Fire Test (Watch Video)

International'I Regret Some of My Posts': Elon Musk Issues Grovelling Apology to Donald Trump

InternationalStarship Flight 9 Crash: Elon Musk’s SpaceX Rocket Crashes Into Indian Ocean After Losing Control (Watch Video)

TechnologyX Down Again? Elon Musk-Owned Social Media Platform Faces Second Outage Within 24 Hours

NationalX Blocks 8,000 Accounts in India After Government Order

Technology Realted Stories

TechnologyIIT Madras breaks into global top 200 in QS world rankings 2026

TechnologyIndia’s high-activity micro markets to drive 80 pc of office demand and supply in few years

TechnologyMatter of immense pride: Education Minister Pradhan hails QS World University Rankings 2026

TechnologyQS Rankings 2026 features record 54 Indian institutes, IIT Delhi tops

TechnologyRecord 1,197 Indian-owned firms with over 72 billion pounds revenue now operating in UK