Affected by Moody's downgrade of the U.S. credit rating, Tesla's stock price fell along with the broader market open low on Monday afternoon. While upbeat news of recent trade talks drove shares up for four consecutive weeks, poor sales figures from European and Chinese markets remained a drag on performance. After the market opened on Monday, Tesla's stock price fell by more than 2%, with a cumulative decline of about 16% year-to-date.
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Tesla Stock Falls on U.S. Credit Downgrade
iDoNews05-19
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