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Tesla shares fall on worries about Model 3 production rate

Tesla shares fall on worries about Model 3 production rate

A recent crash involving Tesla's autopilot technology and concerns about the company's ability to raise new capital also took a toll. Tesla, founded by billionaire Elon Musk, declined to comment on production numbers for the Model 3, which are expected to be released this week. The stock briefly pared losses after auto industry blogs - citing an unverified memo - reported that production of the Model 3 passed the 2,000 per week production rate.


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