Tesla stock opened lower as shareholders approved a $1 trillion pay package for CEO Elon Musk, granting him up to 423 million shares if ambitious milestones are met. Despite the decline, stock is up 100% from April. Concerns include dilution and Musk’s influence, with proxy firms and investors wary of overconcentration. Analysts disagree on the stock’s potential, with some seeing downside risk. Analysts also differ on Tesla’s AI ambitions and valuation concerns.

Read more at Barchart: Tesla Stock Falls as Shareholders Approve Elon Musk’s $1 Trillion Pay Package. What Comes Next?