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Why Tesla Stock Dropped on Monday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) were hit hard on Monday. As of 10:30 a.m. EDT, the stock was down 5.3%.

The growth stock's decline is likely due to two primary factors, including a car crash over the weekend involving a Tesla and a generally bearish day in the overall stock market -- particularly for growth stocks.

Image source: Getty Images.

Source Fool.com

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