Tesla last held a meeting more than a year ago, and a group of key shareholders, including pension funds and public financial officers, are voicing “deep concern” about the delay.

Tesla’s TSLA -0.65% board of directors faces a looming deadline to schedule its annual shareholder meeting. On Wednesday, a group of 27 shareholders called on Tesla’s board of directors to get the yearly meeting on the books, saying that if that didn’t happen by July 13, the company would be out of compliance.

Tesla will hold its annual shareholder meeting on November 6, the Elon Musk-led automaker said on Thursday, a day after a group of prominent shareholders urged the company to set a date for the meeting due to legal obligations.

When the Wedbush Securities tech analyst lobbied Tesla’s board to erect guardrails against Elon Musk spending too much time on his political activism, the CEO’s response was immediate and dismissive.

The company has avoided major legal problems for fatal accidents involving its partially automated Autopilot and FSD features. An autonomous ride service changes that.

Elon Musk, CEO of Tesla, has personally responded to the growing controversy surrounding his role as the company's chief executive. Business Insider reported the development on Tuesday. Dan Ives, an analyst at Wedbush Securities,