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Why Tesla Stock Fell on Thursday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) were slammed on Thursday, falling as much as 13.9% in the morning. As of 12:32 p.m. EDT, the stock was down 11.4%.

While shares were likely primarily down due to yet another massive sell-off in the overall market, one analyst's price target downgrade for the stock may have had a negative impact on the electric-car maker's shares as well.

Model S. Image source: Tesla.https://ts.la/TeslaPressKit

Source Fool.com

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