Tesla's stock price fell on Monday afternoon, following the broader market open low, affected by Moody's downgrade of the U.S. credit rating. Despite recent optimistic news about trade negotiations driving stock prices up for the fourth consecutive week, poor sales data in European and Chinese markets still dragged down performance. Tesla's stock price fell more than 2% after the market opened on Monday, with a cumulative decline of about 16% since the beginning of the year.
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