---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000303181.md"
description: "$Tesla(TSLA.US)On the night of November 4th, Tesla-related ETFs dropped up to 3%, mainly because of several pieces of bad news. First, Tesla is facing a lawsuit over a fatal crash in Wisconsin where a Model S caught fire and all five passengers died—the lawsuit claims faulty doors prevented escape, raising new safety concerns. Second, Norway’s sovereign wealth fund, a major shareholder, plans to vote against Elon Musk’s massive pay package, showing investor worries about company governance. Lastly, Tesla’s China sales in October fell nearly 10% year-over-year, adding doubts about Q4 performance. With all these issues, investors are anxious about Tesla’s growth, causing the sharp drop. The market is watching to see how Tesla responds."
datetime: "2025-11-05T03:03:32.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000303181.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000303181.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000303181.md)
author: "[AllIn Call](https://longbridge.com/en/profiles/16656594.md)"
generator: "portal-rs"
---

# $Tesla(TSLA.US)On the night of November 4th, Tesla…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**