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Tesla Shares Plummet Following Sales Data Release


Shares of Tesla Motors Inc (NASDAQ: TSLA) fell more than 5 percent Monday afternoon following the release of disturbing sales figures.

According to, Tesla sales were down 26 percent through September when compared to the previous year. As a result, Tesla introduced new selling and marketing incentives to rejuvenate sales in a blog post.

According to Tesla's Chief Executive Officer Elon Musk, the company will begin offering a 'no questions asked' three-month return policy, known as the "Tesla happiness guarantee." In addition, the electric vehicle will now be offered with more favorable lease terms in conjunction with US Bank.

Posted-In: Tesla Tesla Model S WardsAutoNews Retail Sales


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