Why Tesla Stock Fell Sharply Friday Morning
Shares of electric-car maker Tesla (NASDAQ: TSLA) fell Friday morning, declining 5% a few minutes into market open. However, by 9:50 a.m. EDT, the stock was down just 3%.
The growth stock's decline follows Tesla's report of its third-quarter vehicle deliveries. But shares may be primarily down for another reason, namely bearishness in the overall stock market on Friday.
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Source Fool.com