Tesla Stock Is Down. Don’t Blame Cybertruck Recalls.
1. Tesla's stock fell 4.6% to $440.10 on Thursday. 2. Calpers opposes Musk's $1 trillion pay package, causing shareholder uncertainty. 3. Many analysts expect the pay package to pass on November 6. 4. Tesla's stock remains up 14% year-to-date despite recent declines. 5. Recall of 6,197 Cybertrucks likely won’t significantly impact stock price.