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U.S. Growth Fund Managers Still Confident In Tesla After Shares Fall
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15 Jul 2017 01:46 AM EST

Growth fund managers who have long held shares in Tesla said they were still confident in the electric car maker, even after production problems sent the stock diving more than 15 percent from its all-time high. The stock tumbled from its record high of almost 387 dollars, after the company said on July third that it had experienced production delays. It delivered about 47 thousand vehicles in the first half of the year, which was at the low end of its own forecasts.

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