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Tesla nears bear-market territory after prolonged tumble – Aljazeera.com
The stock recovered a bit to close down 1.9% at $1,013.39, marking a nearly 18% decline from its November 4 high.
Tesla Inc. shares are nearing bear-market territory after tumbling over the past week as Chief Executive Officer Elon Musk sold a chunk of his stock in the electric vehicle maker, and hinted that he may sell more.
The shares dropped as much as 5.3% on Monday…
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