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Tesla’s stock has experienced considerable volatility amid these developments. Following the approval of key initiatives such as Elon Musk’s compensation plan and the move to Texas, Tesla shares surged approximately 6%. Conversely, recent shareholder meetings and Musk's ambitious predictions during investor days have caused some concern among investors.
Tesla's stock has fallen around 55% from its all-time highs, largely attributed to broader market conditions and skepticism around Elon Musk’s future plans. Nonetheless, many long-term investors view these dips as buying opportunities, reinforced by Tesla's technological progress and growth prospects.