Tesla Share Price Is Its Own Referendum on Musk
Source: New York Times
The Tesla shareholder vote over Elon Musk’s pay is in some ways a referendum on the performance of the company and its chief executive.But even before the vote concludes on Thursday, Tesla’s stock price shows that investors have plenty of doubts about Mr. Musk and the electric carmaker’s outlook.Tesla’s shares are down nearly 30 percent this year, even as the broader stock market is up 14 percent. At its peak in…
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