Shares of Tesla Inc. shed 3.36% to $240.66 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.04% to 17,918.48 and Dow Jones Industrial Average falling 0.

Tesla posted its first quarterly increase in vehicle sales this year, but shares fell as delivery numbers came up short of investor expectations.

Tesla's (NASDAQ:TSLA) affordable Model 3 compact sedan was no longer available for order in the US on Wednesday, Reuters reported, citing the electric vehicle maker's website. The move comes after the US recently increased tariffs

Tesla (NASDAQ:TSLA) discontinued its most affordable Model 3 variant, the Standard Range Rear-Wheel Drive, priced at $38,990, its website showed. The decision to remove the Standard Range model comes amid rising costs associated with tariffs on Chinese imports,

Tesla's least expensive car is off the market: the Model 3 Standard Range Rear-Wheel Drive is no longer available in the online configurator. Electrek first reported on the absence of that Model 3 build.