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The Ratings Game: Tesla stock slides another 4% as analysts question recent decisions, fret about cash burn

Tesla Inc. stock extended losses Tuesday after more analysts joined the chorus of Tesla doubters and criticized the Silicon Valley car maker’s recent decisions.

Tesla TSLA, -2.44% shares are down more than 4%, on pace for their lowest close since October and down more than 14% in the past three sessions, in the wake of company news that stoked demand fears.

Chief Executive Elon Musk on Sunday tweeted that the Model Y unveiling is set for March 14 and last Thursday Tesla announced it was offering a $35,000 Model 3 and shifting worldwide sales to online only.

See also:Here’s why Tesla’s Model Y announcement is ‘fodder for the bears’

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