SHARE THIS ARTICLE

Tesla Inc.

shareholders will vote in July on whether the electric-car maker should start doing something Elon Musk has long resisted: advertise its cars.

James Danforth, a San Diego-based holder of 850 Tesla shares, is proposing that the company spend at least $50 per vehicle produced to advertise its products. Tesla’s board opposes the measure.

“Advertising can increase brand value, product awareness and interest,” Danforth wrote in the proposal, which is included in Tesla’s proxy statement. “Tesla ads can help mitigate and dilute substantial FUD (‘Fear, Uncertainty, Doubt’) and misinformation campaigns sponsored by competitors and detractors worldwide and steer the narrative more favorably.”


Read Article


Should They? Shareholders To Vote On Forcing Tesla To Advertise Vehicles

About the Author

Agent009

User Comments

SanJoseDriver
MDarringer
Car4life1
qwertyfla1
PUGPROUD
TomM
SanJoseDriver
MDarringer
CANADIANCOMMENTS

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]