Why Tesla Stock Fell on Wednesday
Shares of electric-car company Tesla (NASDAQ: TSLA) fell Wednesday, declining 8.5% as of 3 p.m. EDT.
The stock's decline is likely primarily driven by a sharp drop in the broader market. But one analyst did notably cut his forecast for the automaker's deliveries in 2020, citing an expectation for manufacturing at the company's Fremont, California, factory to remain paused through mid-June.
A Tesla assembly line. Image source: The Motley Fool.
Source Fool.com
