Why Tesla Stock Fell on Wednesday

Shares of electric car maker Tesla (NASDAQ: TSLA) took a hit on Wednesday. As of 11:35 a.m. ET, the stock is down about 3%.

The stock's slide was likely primarily due to a rough day for the overall market. After broader-market indices kicked off the day on a positive note, with the S&P 500 and the Nasdaq Composite both in the green, the indices slid into the red by midmorning.

Image source: Tesla.

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Source Fool.com