Update: Tesla's Stock Continues To Fall As Bearish Sentiment Rises - Tesla (NASDAQ:TSLA)

Shares of

Tesla Motors IncTSLA

were trading lower by more than 3 percent at $157.68 early Monday morning. Monday morning's price action implies the stock could open for trading below its 52-week low of $157.74. Related Link:

Could Tesla Motors Inc Stock Be Headed For Double Digits?

One possible explanation for Monday's decline in Tesla's stock is an overall rise in bearish sentiment. According to

StockTwits, 52 percent of investor sentiment is bearish. StockTwits' data shows that the bearish sentiment of Tesla's stock heading into 2016 was just 22 percent. Investors and traders appear to also be shrugging off as report from analysts at Credit Suisse who suggested that the company's slower-than-expected Model X ramp is not due to any fundamental issues. The analysts added that Tesla's slowed production could be attributed to addressing quality issues.

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