As a result of 8/8 (Tue), Tesla fell slightly by -0.7%

Last night's Tesla stock results were $249.7 (-0.70%) ⤵️

Immediately after the market opened, Tesla shares temporarily fell to $245 (-2.5%), but they rose until closing, and eventually fell slightly compared to the previous day. Looking at Tesla's price movements over the past 2 months, the lower price support line is around $240 to $245. There is a strong tendency for a backlash here. Last night was an example of that.

As for American stocks as a whole, bank stocks fell widely because Moody's lowered the ratings of multiple banks yesterday, putting pressure on them. Also, the fact that the announced Chinese trade statistics intensified uncertainty about the Chinese economy also seems to be putting pressure on the stock market.

As notable news related to Tesla, the number of cars delivered in China for the 1st week of August was announced. The number of cars delivered between 7/31 and 8/6 was 12,800. Considering that the Shanghai plant had replaced production lines until recently, it can be said that this is a pretty good number.