San Francisco Chronicle

Number of the day 10 percent

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That’s how much the stock of Palo Alto’s Tesla Motors fell Wednesday, the day after CEO Elon Musk presented a $2.86 billion plan to combine Tesla with SolarCity, where he is chairman. Although shareholde­rs are concerned that the company is spreading itself too thin, Wednesday’s result is actually better than what happened in extended trading Tuesday, when Tesla stock fell as much as 14 percent.

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