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Why Tesla Stock Fell Thursday

TheMotleyFool

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Shares of electric-car company Tesla (NASDAQ: TSLA) took a hit on Thursday, falling as much as 7.8%. As of 11:36 a.m. EDT, the stock was down 6.6%.

The stock's decline follows Tesla's third-quarter update on vehicle production and deliveries. Shares are likely down because deliveries were below analysts' average forecast for the period.

Model 3. Image source: Tesla.

Source Fool.com

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