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Why Tesla Stock Fell 7.9% This Morning

What happened Shares of Tesla (NASDAQ: TSLA) fell sharply on Monday morning, declining as much as 7.9%. As of 11:30 a.m. EDT, however, the stock was only down 2%. The growth stock's decline was likely driven primarily by a broader market sell-off on Monday and worries that third-quarter deliveries could be lower than expected.