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Why Tesla Stock Fell Sharply on Thursday


Shares of Tesla (NASDAQ: TSLA) took a hit on Thursday, declining as much as 7.3%. By the time the market closed, the stock was down 5.6%. The decline happened even as the S&P 500 rose 2%.

Shares of the electric-car maker were likely down because of comments from short-seller Jim Chanos during an interview with CNBC on Thursday. 

Image source: Getty Images.

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Source Fool.com

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