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Tesla is sliding ahead of its annual meeting

Among the proposals to be considered by investors will be the re-election of three Tesla board members, including CEO Elon Musk's brother, Kimball, which have seen opposition in recent months.
SpaceX CEO Elon Musk speaks at the International Astronautical Congress on September 29, 2017 in Adelaide, Australia.

Tesla is nearing a key resistance level ahead of its contentious annual meeting on Tuesday

Tesla investors will be voting on the future of three members of the board of directors, all of which have drawn increased scrutiny as Tesla’s struggles to become profitable reach a breaking point. Now, they are facing movements to boot them from their positions.

A Tesla board member was ousted from his venture capital firm amid sexual harassment allegations — now there are calls for him to be booted from...

There is also a movement among several Tesla investors with large stakes in the company to remove independent director Antonia Gracias, as well as CEO Elon Musk’s brother, Kimball Musk, from the board.