Billionaire Elon Musk-led electric vehicle manufacturer, Tesla Inc., stock price dropped 4.8% as the US stock markets opened on Friday, 7 November 2025, after the shareholders approved Chief Executive Officer (CEO) Elon Musk’s $1 trillion pay package.
According to the data collected from MarketWatch, Tesla shares dropped 4.8% to hit an intraday low of $424.48 during the early market session on Wall Street, compared to $445.91 at the previous market close.
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