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Tesla shares crater 17% after coronavirus delays Model 3 deliveries

Thursday, February 6, 2020, 8:17 AM

Tesla shares fell 17.18% Wednesday after a company executive said that cars initially scheduled for delivery in early February will be delayed due to the outbreak of the new coronavirus. The huge fall comes after two spectacular days for the stock earlier this week. Tesla shares were up nearly 20% on Monday and another 13.7% on Tuesday.