The Motley Fool explains why Tesla’s stock fell on Thursday. Tesla (NASDAQ: TSLA) stock was down 2% on the Nasdaq Stock Exchange around 10 a.m. EDT Thursday, following a day of good news and bad news for the electric vehicle manufacturer. Let’s begin with the positive news: According to Barron’s this morning, Tesla exported 33,000 electric vehicles from its facility in China in June, the second most of any EV manufacturer (BYD was first), and its total output in the nation was 92,000 cars, accounting for 30% of all Teslas sold globally in the second quarter. Given that China accounted for only 21% of Tesla’s global sales last year, the business is expanding in the world’s largest market for electric vehicles, which is fantastic news for the company./n
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