Tesla's Surprise Just Shocked the Stock Market

Motley Fool2021-06-04

Wall Street punished the electric vehicle stock on a weak day. Like it or hate it,Tesla (NASDAQ:TSLA) gets a huge amount of attention from investors. When news affects the electric vehicle pioneer, ...

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Comments

HappyTrade
2021-06-04
HappyTrade
So many bad news recently... But no worries for long term investors
Lynny
2021-06-04
Lynny
There will always be months that have lowersales relative to months that are very high. Fundamentals are still there. They make the best EV cars snd their technology is still wayahead. They are vertically integrated and still have “luxury” brand appeal. There will always be people who want to buy Tesla instead of a China brand just like they want Apple phones when there are a myriad of other cheaper phones. Long Tesla!
Alice156
2021-06-04
Alice156
Ok
TruthfulPep
2021-06-04
TruthfulPep
Not selling
Alex_2019
2021-06-04
Alex_2019
Tesla still very strong
JaneJ
2021-06-04
JaneJ
Still up at pre market.
- Alex_2019:
  Will bounce back again

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When news affects the electric vehicle pioneer, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/03/teslas-surprise-just-shocked-the-stock-market/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.fool.com/investing/2021/06/03/teslas-surprise-just-shocked-the-stock-market/","article_id":"1133677890","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1133677890","pubTimestamp":1622793038,"sourceInfo":null,"weMediaInfo":null,"summary":"Wall Street punished the electric vehicle stock on a weak day.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"特斯拉惊喜刚惊现股市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Wall Street punished the electric vehicle stock on a weak day.\nLike it or hate it,Tesla (NASDAQ:TSLA) gets a huge amount of attention from investors. When news affects the electric vehicle pioneer, people take notice -- and the moves of its stock can affect the entire market.\nThursday was a generally weak day on Wall Street, as investor enthusiasm for popular meme stocks gave way to nervousness about the sustainability of their recent gains. Losses for the Dow Jones Industrial Average (DJINDICES:^DJI),S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC)weren't extreme, but a surprising announcement from Tesla in the middle of the day seemed to take the wind out of the market's sails and could point to trouble ahead not just for the automaker's stock but for markets more broadly.\nDATA SOURCE: YAHOO! FINANCE.\nA double-hit for Tesla\nTesla shares fell by more than 5% on Thursday. The company's shareholders had to face a couple of new threats that could endanger the EV giant's leadership position across the globe.\nEarly Thursday, Tesla revealed a couple of different recalls. One will cover about 5,500 Model 3 and Model Y vehicles, as the manufacturer seeks to ensure that fasteners installing the shoulder seat belts for front-seat occupants are attached securely. A second recall covers about 2,200 Model Y SUVs, and will look at a similar issue that could potentially affect seat belt systems in those vehicles' second rows.\nIMAGE SOURCE: TESLA.\nThose announcements followed on the heels of a Tesla recall issued earlier in the week. The concern there centers on brake caliper systems that could become loose and cause tire pressure loss, and involves almost 6,000 Model 3 and Model Y vehicles.\nYet the more damaging issue Tesla had to contend with involved a report from a third-party source. An article published on tech news website The Information reported that Tesla's order volume from China was down by about half in May from April levels. Citing internal sources, the publication asserted that Chinese orders for Teslas fell below 10,000 vehicles, down from more than 18,000 in April and 21,000 in March.\nThis calls into question whether Tesla is maintaining its competitive advantages overseas. Certainly in China, Tesla faces substantial competition from domestic producers such as XPeng (NYSE:XPEV) and NIO (NYSE:NIO). Having built a Gigafactory complex in Shanghai, Tesla is now counting on heavy demand for its EVs in China. If that demand doesn't materialize as expected, it could have huge implications for Tesla's growth trajectory not just there, but throughout the Asia-Pacific region.\nNeeding to keep up the momentum\nThe massive share price gains that Tesla produced in 2020 hinged largely on the idea that the electric vehicle maker would be able to duplicate its success in the U.S. market across the globe. 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But no worries for long term investors","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116568655","repostId":1133677890,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116268937,"gmtCreate":1622804943229,"gmtModify":1704191505821,"author":{"id":"3576275613425159","authorId":"3576275613425159","name":"Lynny","avatar":"https://static.tigerbbs.com/7c0b8b78e97626dedf9ed61da1957ab7","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"There will always be months that have lowersales relative to months that are very high.&nbsp;Fundamentals are still there. They make the best EV cars snd their technology is still wayahead. They are vertically integrated and still have “luxury” brand appeal. There will always be people who want to buy Tesla instead of a China brand just like they want Apple phones when there are a myriad of other cheaper phones. Long Tesla!","listText":"There will always be months that have lowersales relative to months that are very high.&nbsp;Fundamentals are still there. They make the best EV cars snd their technology is still wayahead. They are vertically integrated and still have “luxury” brand appeal. There will always be people who want to buy Tesla instead of a China brand just like they want Apple phones when there are a myriad of other cheaper phones. Long Tesla!","text":"There will always be months that have lowersales relative to months that are very high. Fundamentals are still there. They make the best EV cars snd their technology is still wayahead. They are vertically integrated and still have “luxury” brand appeal. There will always be people who want to buy Tesla instead of a China brand just like they want Apple phones when there are a myriad of other cheaper phones. Long Tesla!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116268937","repostId":1133677890,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116215266,"gmtCreate":1622803433855,"gmtModify":1704191482600,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116215266","repostId":1133677890,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116670155,"gmtCreate":1622799273477,"gmtModify":1704191417960,"author":{"id":"3569469016287731","authorId":"3569469016287731","name":"TruthfulPep","avatar":"https://static.tigerbbs.com/3046e394899cd454b96359b74a0a90ad","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Not selling&nbsp;","listText":"Not selling&nbsp;","text":"Not selling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116670155","repostId":1133677890,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116649369,"gmtCreate":1622798642651,"gmtModify":1704191404586,"author":{"id":"3575450138907606","authorId":"3575450138907606","name":"Alex_2019","avatar":"https://static.tigerbbs.com/89289d0dcc5d3b51f3d74921b5fe4bd6","vip":1,"crmLevel":1,"crmLevelSwitch":1},"htmlText":"Tesla still very strong","listText":"Tesla still very strong","text":"Tesla still very strong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116649369","repostId":1133677890,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116662656,"gmtCreate":1622797022175,"gmtModify":1704191370743,"author":{"id":"3573597158008019","authorId":"3573597158008019","name":"JaneJ","avatar":"https://static.tigerbbs.com/35feebaa559f51f47e204634b51aaeb0","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Still up at pre market.","listText":"Still up at pre market.","text":"Still up at pre market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116662656","repostId":1133677890,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4577952,"gmtCreate":1622798610634,"gmtModify":1663227947745,"authorId":3575450138907606,"author":{"id":3575450138907606,"authorId":3575450138907606,"name":"Alex_2019","avatar":"https://static.tigerbbs.com/89289d0dcc5d3b51f3d74921b5fe4bd6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.04","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":116662656,"type":1,"supId":0,"prevId":0,"content":"Will bounce back again","text":"Will bounce back again","html":"Will bounce back again"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":28,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1133677890"}