What happened Shares of Tesla (NASDAQ: TSLA) tumbled on Friday. The stock fell as much as 6.6%. As of 1:30 p.m. EST, however, the stock was down 4.5%. The growth stock's gain is likely primarily due to a bearish day for the overall market, with growth stocks getting hit particularly hard. Image source: Getty Images. So what Highlighting the market's pullback on Friday, the S&P 500 was down about 1.9% as of this writing. Many growth stocks like Tesla, however, were down a few percentage points or more. Amid recent market volatility, some investors may be getting skittish, taking some profits on stocks that have seen outsize returns recently. Tesla, of course, is a good candidate for profit-taking. After all, shares are up 600% over the past 12 months -- even including today's decline. Now what Though it's impossible to know where Tesla stock will trade in the near term, the underlying business has been demonstrating impressive execution recently. Tesla recently reported strong fourth-quarter results. Though adjusted earnings per share for the quarter was worse than expected, revenue came in ahead of estimates as it soared 46% year over year. In addition, management guided for an acceleration in vehicle sales growth in 2021. Specifically, management believes vehicle deliveries this year will be more than 50% higher than in 2020. 10 stocks we like better than TeslaWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Tesla wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Daniel Sparks has no position in any of the stocks mentioned. His clients may own shares of the companies mentioned. The Motley Fool owns shares of and recommends Tesla. The Motley Fool has a disclosure policy.Source