Wall Street analysts and investors cited growing fatigue with Musk’s increasingly controversial political activities as a key factor behind the sell-off.

"In a nutshell, we believe this is a tipping point in the Tesla story and ultimately the Tesla Board needs to act now and set the ground rules for Musk going forward around his political ambitions an...

Tesla has scheduled an annual shareholder meeting for November, one day after it came under pressure from major shareholders to do so.

The annual meeting will be in November, nearly four months after what is required under Texas law.