Tesla Falls Amid California Factory Probe: San Francisco Mover
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Tesla Motors Inc., the electric-car maker led by Elon Musk, fell as safety officials in California investigate an industrial accident at the company’s sole Model S plant that injured three workers.
Tesla dropped 10 percent to $121.58 at the close in New York, the lowest since July 19. The decline was the third in a row for the Palo Alto, California-based company, which has slid 37 percent since reaching a closing peak of $193.37 on Sept. 30.