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Why Tesla Stock Fell Again Today

TheMotleyFool

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Shares of electric-car maker Tesla (NASDAQ: TSLA) are down again today, marking a second day in a row of sharp declines following the automaker's inclusion in the S&P 500 index on Monday. The stock declined as much as 5.5% but was down 4% as of 11:55 a.m. EST.

Shares of the growth stock are likely trading lower due to a combination of factors, including a bearish day in the overall market, a further pullback following the stock's enormous run-up this year, and news that Apple (NASDAQ: AAPL) may be getting into the electric-car space.

Image source: Getty Images.

Source Fool.com

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