In an analyst note, the firm slashed its 2015 EPS estimates for the electric automaker 44 percent, to $2.39 per share from $4.39, citing delayed and reduced delivery expectations for the company’s new Model X vehicle.
But Wednesday’s selloff was just a bump in the road for Tesla, whose stock seems to go in one direction, up. Shares of the company have risen nearly 100 percent in just 12 months.
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