Tesla and its Chief Executive Elon Musk each fired their own salvos at institutional investors apparently reluctant to give the nod to a disputed $58 billion compensation package for the head of the electric-vehicle giant. Musk himself said one key Tesla stock investor had "no honor." Tesla wrote a detailed letter to shareholders on Wednesday, responding to a report by proxy advisory firm Glass Lewis on Musk's 2018 pay package, which remains under dispute six years after it was originally agreed on.
Nvidia stock threatened to extend Thursday's losses, while Amazon broke a key support level Friday.
This year hasn't been a positive year for all companies, with the shares of Tesla, Intel and Starbucks facing considerable pressure. Is the selling overdone?