Shares of Tesla (NASDAQ: TSLA) fell today, even as the overall market rose nicely. The stock declined as much as 6.2% but finished the day down 3.9%. Meanwhile, the S&P 500 rose 1.3%.

The growth stock's pullback came as two analysts downgraded their ratings for the stock, citing valuation concerns.

Model 3. Image source: Tesla.https://ts.la/TeslaPressKit

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Source Fool.com