Shares of electric-car maker Tesla (NASDAQ: TSLA) took a hit on Friday, declining as much as 6.5%. As of 12:30 p.m. EDT, however, the stock was down about 5%.
The stock's pullback is likely primarily due to a decline in the overall market on Friday. But one bearish analyst report may have affected the stock as well.
Image source: Tesla.
Source Fool.com