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Comment by mirimir | Hacker News Reader

Yes. Especially because ...

> More than 86 million shares voted against the proposal at a shareholder meeting in June, while fewer than 17 million voted in favor, Tesla said.

... and ...

> BlackRock funds are a top-10 Tesla stockholder, controlling nearly 6.5 million of Tesla’s 170 million shares, according to Thomson Reuters data based on public filings.

So who cares how BlackRock voted?

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That might make it an uninteresting story but not a misleading title.

> Isn't the title misleading

> Yes. Especially because...

OK. But why do we care how BlackRock voted? What makes them newsworthy, regarding Tesla or whatever? I could google it, but the article doesn't make it very clear.

It's a big shareholder voting for one of those somewhat-off-the-beaten-path proposals that often get zero support from big shareholders. That's about it. It's a pretty basic newswire service report. Does it belong on HN? Probably not. I voted for it not being on the front page!

Thanks. I could have googled that, I know. But I was rather expecting the article to make some argument. It did quote BlackRock about standing for "shareholder value", whatever that is. But I was wondering whether it was just a catfight, or stock manipulation, or whether BlackRock was standing for something fundamental.

> BlackRock is today the world's largest asset manager with $6.3 trillion in assets under management

https://en.wikipedia.org/wiki/BlackRock

I think a lot of people would consider how BlackRock voted to be newsworthy and follow their lead based on their size and expertise.

Yeah, and that's likely why it's on HN. Or maybe someone has an agenda ;)

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