Why Tesla Stock Fell on Monday

Shares Tesla (NASDAQ:TSLA) slipped Monday morning, falling as much as 3.7%. They have recovered some since, and as of 11:20 a.m. EDT today, shares were down approximately 2%.

The stock’s drop, followed by a partial recovery, seems to coincide with pricing trends of other growth stocks on Monday. Broader-market trends, therefore, are likely the main reason for the stock’s volatility today.

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