RENEE MONTAGNE, host: NPR's business news starts with Tesla Motors hitting the brakes.</s>RENEE MONTAGNE, host: Shares in the pioneering electric car company dropped 15 percent on Monday. The timing of the plunge isn't a complete surprise. Yesterday was the first day company insiders and early investors were allowed to sell their shares after the company went public in June.</s>RENEE MONTAGNE, host: The sell-off comes as several of the world's major carmakers are also stepping into the electric car market.
Shares in pioneering electric car company Tesla Motors dropped 15 percent on Monday. The timing of the plunge isn't a complete surprise. Monday was the first day company insiders and early investors were allowed to sell their shares after the company went public in June.