The company, however, continues to struggle with low margins.
Opinion

Why Tesla stock sank 4.6% today

Shares of Tesla Inc (NASDAQ: TSLA) fell on Wednesday, finishing down 4.6%. The decline came as the S&P 500 and the Nasdaq Composite dropped 1.2% and 1.9%, respectively.
The Dow rose 0.2% in premarket trading, as did S&P 500 futures. Futures on the tech-heavy Nasdaq 100 also moved up 0.2%.
Tesla stock closed at a fresh record high on Tuesday, completing a monthslong rebound from severe losses earlier in the year.
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Tesla Inc (NASDAQ:TSLA) shares are trading lower on Wednesday, pulling back after hitting all-time highs on Tuesday.
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