Tesla shares are trading lower amid overall market weakness. Soft economic data out of China could also negatively impact the company.
Portfolio Pulse from Benzinga Newsdesk
Tesla shares are trading lower due to overall market weakness and soft economic data from China, which could negatively impact the company.
August 15, 2023 | 7:37 pm
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Tesla's stock is trading lower due to overall market weakness and potentially negative economic data from China.
The overall market weakness is causing a decrease in Tesla's stock price. Additionally, soft economic data from China, a significant market for Tesla, could further negatively impact the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100