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Why Tesla Stock Fell on Thursday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) fell sharply on Thursday, declining as much as 7.3% at one point. As of 11:15 a.m. EST, however, the stock was down only 2.4%.

The growth stock's decline follows the electric-car maker's fourth-quarter earnings release. Tesla reported worse-than-expected adjusted earnings per share, likely explaining why shares are down today.

Alongside its earnings report, Tesla unveiled a new Model S interior. Image source: Tesla.

Source Fool.com

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