Tesla Down 5%, Buy Or Wait

Tesla (TSLA) stock has decreased by 5.1% in a single day, amid concerns around CEO Elon Musk’s proposed $1 trillion compensation plan. The drop followed news that Norway’s $2 trillion sovereign wealth fund — one of Tesla’s largest shareholders — would vote against the package at the upcoming annual meeting. The fund’s opposition, coupled with Musk’s threat to step down if the deal is rejected, likely deepens worries about governance and leadership stability at the company.IN SPACE - FEBRUARY 8: In this hand ...