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).
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