| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
President Donald Trump is reportedly considering regulations to limit the powers of proxy advisors like Institutional Shareholder Services (ISS) and Glass Lewis.
Check out the current price of TSLA here.
Officials from the Trump administration are exploring ways to limit the proxy advisors' influence on decisions via a possible executive order that could include a ban on shareholder recommendations by the firms, the Wall Street Journal reported on Tuesday.
The Trump Administration didn’t immediately respond to Benzinga‘s request for comment.
The order could also include limits on voting powers of index fund managers like BlackRock Inc. (NYSE:BLK), Vanguard, as well as State Street Corp (NYSE:STT), the report said, adding that another measure could require index funds to mirror the votes of their clients.
The news comes as Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk had criticized proxy advisors for recommending that Tesla shareholders vote against the CEO's trillion-dollar pay package, which was recently approved by investors during the EV giant's annual shareholder meeting.
Musk had also called the proxy advisors "corporate terrorists" during Tesla's third-quarter earnings call last month in the buildup to the shareholder vote on Musk's compensation award, among other decisions.
Tesla scores well on Momentum and Quality metrics, while offering satisfactory Growth, but poor Value. Tesla also has a favorable price trend in the Short, Medium and Long term. For more such insights, sign up for Benzinga Edge Stock Rankings today!
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Read Next:
Photo courtesy: IAB Studio on Shutterstock.com
