Tesla shareholders will vote on these proposals and others on Thursday at the company's annual meeting, which will be held virtually from the company's Gigafactory in Austin, Texas.
The company's investors will debate proposals aimed at forcing Tesla to be more transparent and accountable in its relations with its employees.
Tesla Insurance is in the works for approval and rolling out its services for users, and it would not focus on advertising but more on service.
CEO Elon Musk gave no timeline for the move late Thursday when he addressed the company's shareholders at Tesla's annual meeting.
Elon Musk told Tesla shareholders that he would like to build cars on the Red Planet sometime in the next 40 years or so, before the world's richest man dies.
An advisory firm has urged Tesla shareholders to oust both Kimbal Musk and James Murdoch, saying Tesla board members are overpaid.
“It’s tough for people to afford houses, and people have to come in from far away,” Musk said of the company’s facilities in Palo Alto, California.
Everything is bigger in Texas, and one of the biggest-name companies is moving to the Lone Star State. Elon Musk said Tesla will be shifting its headquarters to Austin.
Musk first threatened such a move in March 2020.
After years of threats, Tesla CEO Elon Musk is finally moving the electric vehicle company out of its home state in California and deep into the heart of Texas.