Tesla's shares moved lower with the broader market open low on Monday afternoon, affected by Moody's downgrading the U.S. credit rating. Poor sales figures in Europe and China still weighed on performance, even as recent upbeat news of trade talks drove shares to four weeks of gains. Tesla shares fell more than 2% after the market opened on Monday, with a cumulative year-to-date decline of about 16%.
- Like
- Comment
- Favorite
Tesla Stock Falls on U.S. Credit Rating Downgrade
iDoNews2025-05-19
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet