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Why Tesla Shares Tanked Today

Why Tesla Shares Tanked Today

At 2:05 p.m. ET today, Tesla (NASDAQ: TSLA) shares were trading near the lows of the day, down 7.1%. The company is ready to update investors over the next several days, but that isn't likely the reason for the big drop today. Over the upcoming weekend, Tesla will provide its third-quarter delivery data, if it sticks to its typical timeframe for those numbers.