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Tesla Continues Slump And Falls 9%

Video Credit: Wochit News
Published on September 3, 2020 - Duration: 00:30s

Tesla Continues Slump And Falls 9%

On Thursday, shares of Tesla slumped as much as 7% in early trading.

The fall comes just a day after Baillie Gifford, Tesla's largest outside shareholder, said it had to trim its stake amid the stock's record-breaking rally.

Business Insider reports that Tesla fell 6% on Wednesday following the announcement.

Tesla shares have been on an epic rally this year.

They surged more than 430% through Wednesday's close.

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