Tesla Shares Drop 9.7% As It Reports Another Quarterly Loss

Shortly after market opening, Tesla shares (NASDAQ:TSLA) dropped 9.68 percent to 34.81 in the wake of yesterday's earnings. The company disappointed investors as it reported a quarterly loss of $89.9 million, or 79 cents a share, compared with a loss of $81.5 million last year, or 78 cents a share.

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