US Stock Market Move | Tesla, Inc. (TSLA.US) fell more than 3% against the trend, with the stock price falling for six consecutive days.
On Wednesday, Tesla (TSLA.US) bucked the trend and fell more than 3%, with the stock price posting six consecutive declining sessions, closing at $332.81.
On Wednesday, Tesla, Inc. (TSLA.US) defied the trend and fell more than 3%, with the stock price at $332.81. On the news front, data from the China Passenger Car Association showed that Tesla, Inc.'s electric car sales in China manufactured in May fell by 15% year-on-year, totaling 61,662 units. The statistics cover domestic sales and exports of the Model 3 and Model Y models produced at the Shanghai Gigafactory. This marks the eighth consecutive month of year-on-year sales decline for Tesla, Inc. in this largest global automotive market. However, compared to April, the delivery volume of its domestically produced Model 3/Y increased month-on-month by 5.5%.