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Tesla Stock Price Sliding Because Of Low Gas Prices
- Detroit Bureau, Thursday, December 18, 2014 8:07 AM
The low gas prices that have been a boon for truck and sport-utility sales are taking a toll on fuel-efficient and electric vehicles, and that includes Tesla, or at least its stock price. The Palo Alto, California-based automaker saw its stock close below $200 a share yesterday for the first time since mid-February. It dropped to $197.81, which was down $6.23 for the day.
