Tesla Stock Today (Nov 7, 2025): TSLA Slides After Shareholders Approve Elon Musk’s $1 Trillion Pay Package
Tesla shares fell 3.7% to $429.52 on Friday after shareholders approved CEO Elon Musk’s new performance-based compensation plan, valued at nearly $1 trillion. The package passed with over 75% support but drew scrutiny over governance and dilution risks. A proposal to authorize investment in Musk’s AI firm xAI failed due to Tesla’s bylaw rules on abstentions.