Tesla (TSLA) Today: Shareholders Vote on Musk’s Record Pay, Cybertruck Lineup Shifts—What It Means for the Stock (Nov. 6, 2025)
Tesla shareholders vote Thursday on Elon Musk’s new CEO pay package, valued by Reuters at up to $878 billion if long-term targets are met. Norway’s sovereign wealth fund and major proxy advisors oppose the plan; Baron Capital and ARK Invest support it. Tesla also stopped taking orders for the cheapest Cybertruck, promoting higher-priced trims. A recent NHTSA recall affects over 6,000 Cybertrucks for off-road light bar issues.