US Stock Market Move | Model Y welcomes its lowest price in history Tesla, Inc. (TSLA.US) rises over 3%

22:43 24/12/2024

On Tuesday, Tesla (TSLA.US) opened up over 3%, at $444.35.

On Tuesday, Tesla, Inc. (TSLA.US) opened more than 3% higher at $444.35. On the news front, on December 24th, Tesla, Inc.'s Chinese website launched a "purchase new car, immediate discount on final payment" promotion policy. Those who choose to purchase a Model Y new car can enjoy an immediate discount of 10,000 yuan on the final payment, which can be stacked with the "5-year 0% interest financial plan" until January 31, 2025. Tesla, Inc.'s Chinese website indicates that the price for the rear-wheel drive version and long-range all-wheel drive of the Model Y starts at 239,900 yuan, and buyers can also apply for the 5-year 0% interest financial plan. This means that the monthly installment starts at only 2,667 yuan. Tesla, Inc. stated that the Model Y is now at its lowest price in history, and the lowest price globally.

The seven giants of the US stock market have all entered a technical correction zone. Microsoft Corporation (MSFT.US) has fallen by more than 18% since the beginning of this year.

Overnight US stocks | The S&P 500 Index hit a new low for the year, with Brent oil closing above $100 for the second consecutive day. Adobe (ADBE.US) fell 7.5%.

US Stock Market Move | Apple Inc. lowers commission rate for Chinese App Store; Tencent (ADR) up nearly 2% in early trading.

The seven giants of the US stock market have all entered a technical correction zone. Microsoft Corporation (MSFT.US) has fallen by more than 18% since the beginning of this year.

Overnight US stocks | The S&P 500 Index hit a new low for the year, with Brent oil closing above $100 for the second consecutive day. Adobe (ADBE.US) fell 7.5%.

US Stock Market Move | Apple Inc. lowers commission rate for Chinese App Store; Tencent (ADR) up nearly 2% in early trading.