Tesla Stock Today (Nov 7, 2025): TSLA slips as shareholders OK Musk’s $1T pay; new FSD China timeline, Cybercab for 2026, and chip-fab hints
Tesla shares fell 3.4% to $430.74 after shareholders approved Elon Musk’s record pay plan at the annual meeting in Austin. Investors also gave advisory approval for a possible Tesla investment in Musk’s AI startup xAI, while a proposal to drop supermajority voting rules failed. Musk said Tesla aims to launch Cybercab production and reveal the new Roadster in April 2026. He also raised the possibility of building a large in-house AI chip facility.