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