The three major U.S. stock indexes were mixed due to the decline in Tesla delivery data and the impact of Trump's remarks
Tesla expects deliveries to increase to about 434,200 vehicles. Deliveries in the first quarter were far lower than expected, and the stock price fell 2% subsequently. In addition, Trump posted accusing Musk of receiving too many government subsidies, causing Tesla's stock price to fall by more than 7% in night trading, falling below $300. Tesla's pre-market decline in U.S. stocks expanded to 6.2%. Trump considered expelling Musk and may end tax subsidies for electric vehicles early, triggering market concerns. Tesla's stock price fell sharply when the U.S. stock market opened, with a drop of 6%-7.3%, the largest one-day drop since June 5. On July 2, the three major U.S. stock indexes closed mixed. Tesla fell more than 5%, the Nasdaq fell 0.82%, the Dow rose 0.91%, and the S&P 500 fell 0.11%. Most large technology stocks closed lower, investors were optimistic about both buybacks and dividend payments, and U.S. bank stocks rose.