Investors Not Satisfied With Tesla's Q1 Report Or Claims Of Higher Production

Tesla Motors Inc TSLA shares are trading lower by $9.50 at $213.06. The Street is not rewarding the issue for its inline Q1 and claims for quicker output for electric cars.

After a higher open, it immediately peaked at $228.51 and began to move lower quickly. The ensuing decline has taken the issue all the way to $211.99 and its attempt to rebound has been muted.

The current intra-day low coincides with its March 14 low ($210.64) and March 15 low ($211.50).