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Why Tesla Stock Fell Sharply on Wednesday


Shares of electric-car maker Tesla (NASDAQ: TSLA) took a hit on Wednesday, falling 7% by the time the market closed.

The stock's decline was likely driven primarily by a bearish day in the broader market, particularly for growth stocks like Tesla. But one analyst's bearish comments about the stock's valuation could have played a role in the decline as well.

Image source: Getty Images.

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Source Fool.com

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