Shares of Tesla Motors Inc. fell nearly 7% on Tuesday as influential magazine Consumer Reports dropped the Model S from its list of recommended cars and gave the all-electric sedan a worse-than-average reliability score. That was the worst performance for Tesla stock since Aug. 6, when shares fell nearly 9%. At its low of the day, the stock was down nearly 12% to $202.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News