Elon Musk’s latest move could test Tesla shareholders as pay vote looms

Tesla shares edged lower Tuesday, extending their year-to-date slump to around 28%, as investors continue to grapple with a key long-term risk tied to Chief Executive Elon Musk’s ambitions in AI technologies. Tesla (TSLA) shares have shed nearly $230 billion in value this year as the electric-vehicle maker faces headwinds tied to fading EV demand, higher interest rates, supply-chain disruptions and a dearth of new-model launches. A broader risk to the group’s longer-term prospects has emerged this year as well, tied to the fortunes of a disputed $55.8 billion pay deal that Musk and the Tesla board negotiated in 2018….