$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.