Tesla stock falls further after Consumer Reports dings the Model 3

Tesla Inc. stock took a deeper dive on Thursday after news that Consumer Reports has withdrawn a key Model 3 recommendation.

The Tesla TSLA, -2.80% Model 3 was among six vehicles from U.S. and overseas car makers that lost Consumer Reports’ “recommended” rating due to their “declining reliability,” the nonprofit consumer advocacy organization said Thursday.

Related: Tesla Model 3, Fiat Chrysler’s Chrysler 300 among cars losing Consumer Reports’ reliability nod

Shares of Tesla fell 1.9% and were recently trading under $297 after trading as high as $303.24 earlier on Thursday.

Model 3 owners told Consumer Reports that problems included loose body trim and glass defects, the organization said.

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