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Consumer Reports Fails to Endorse Model 3, Tesla Shares Fall: LIVE MARKETS BLOG

is hoping that its budget Model 3 sedan can compete with the likes of Audi's A4 and BMWs 3 Series, but it is not going to any help from trusted auto rater Consumer Reports. Tesla's shares were riding a high going into the afternoon session, but Monday's report caused the stock to pare some of its gains.

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