Tesla stock drops 4.8% on US stock market after CEO Elon Musk secured shareholder nod for $1 trillion pay package

Tesla Stock Falls 4.8% After CEO Elon Musk's $1 Trillion Pay Package Approval

The stock of Tesla Inc., the electric vehicle manufacturer led by billionaire Elon Musk, declined by 4.8% at the opening of the US stock markets on Friday, 7 November 2025. This drop followed shareholders' approval of Elon Musk's $1 trillion pay package.

Market data from MarketWatch showed that Tesla shares reached an intraday low of $424.48 early in the Wall Street session, down from the previous close of $445.91.

"Tesla stock price dropped 4.8% as the US stock markets opened on Friday, 7 November 2025, after the shareholders approved Chief Executive Officer Elon Musk's $1 trillion pay package."

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Author’s summary: Tesla’s stock fell sharply after shareholders approved Elon Musk’s unprecedented $1 trillion compensation plan, reflecting market uncertainty despite the CEO’s massive pay deal.

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Mint — 2025-11-07

Tesla Stock Falls 4.8% After CEO Elon Musk's $1 Trillion Pay Package Approval

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