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Video of a parked Tesla Model S exploding and a Wall Street downgrade of the electric carmaker’s stock pushed shares down 4 percent Monday, just as it prepared to issue results for a troubled first quarter.

Brokerage Evercore cut its recommendation for shares of the Silicon Valley company to “sell,” becoming the 12th brokerage to ask investors to abandon billionaire Elon Musk’s venture and raising bearish sentiment to its highest level ever.

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