Tesla stock fell more than 12% on Tuesday for its worst drop in over two years
Tesla Inc.
shares fell sharply on the first day of 2023 trading after the electric-vehicle maker posted disappointing fourth-quarter delivery figures, fueling demand concerns and keeping pressure on a stock that is fresh off itsTesla stock closed down 12% on Tuesday at $108.10. The drop was its largest in more than two years, with shares closing at their lowest level since Aug. 13, 2020.
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