Shares of Tesla (NASDAQ: TSLA) were hit hard on Friday, declining as much as 9.9%. As of 12:20 p.m. EST, however, the stock was down just 5%.
Friday's decline adds to a sharp pullback in the electric-car maker's shares over the past week. Shares are down 28.6% over the past seven days.
Model S. Image source: Tesla.
Source Fool.com