Tesla shorts are expecting to make billions if shareholders vote NO

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Bernstein analyst Toni Sacconaghi predicts that Tesla shareholders will reject Elon Musk’s $56 billion 2018 pay package this week. At the annual general meeting on Thursday, Tesla shareholders will vote on Musk’s 2018 compensation plan. Sacconaghi anticipates that TSLA stock could fall by nearly 5% if Tesla investors do not approve the pay package.

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