Data: S&P 500 Index and Nasdaq have declined for five consecutive days

2025-01-03 08:18:56
Collection

ChainCatcher news, according to the Securities Times report, as of the close on January 2, the Dow fell 0.36%, the Nasdaq fell 0.16%, and the S&P 500 index fell 0.22%. The S&P 500 index and the Nasdaq have both declined for five consecutive days.

Tesla fell more than 6%, with a market value evaporating by $78.8 billion (approximately 57.52 billion yuan), marking five consecutive daily declines and reaching a new closing low since December 6 of last year. Tesla's total sales for 2024 are projected to be 1.79 million vehicles, a decrease of 1.1% from 1.81 million vehicles in 2023, marking the first annual sales decline for Tesla since 2015. This also falls short of analysts' general expectations of 1.8 million vehicles.

Faraday Future surged 51.85%. On December 23, 2024, Faraday Future announced that following the completion of a $30 million financing in September, it has completed another cash financing of approximately $30 million. This funding will be used to promote the development of the company and its FX strategy. The FX strategy aims to launch a mass-market model in the U.S. market with "twice the performance at half the price" to fill the structural gap in the U.S. AIEV market and drive the overall development strategy of the company.

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