US stock exchanges hardly changed – Tesla shares lose significantly due to production pause in Shanghai

Frankfurt Losses in the technology sector hit Wall Street. Above all, concerns about the production of the US electric car manufacturer Tesla in Shanghai made up for the enthusiasm after the recent easing of quarantine in China. The Dow Jones index of standard values ​​closed 0.1 percent higher on Tuesday at 33,241 points. The technology-heavy Nasdaq, on the other hand, fell 1.4 percent to 10,353 points. The broad S&P 500 lost 0.4 percent to 3829 points.

At the Tesla plant in Shanghai, the assembly lines are expected to stand still for the most part in December and January. Tesla did not give a reason for this. At the end of 2021 and 2022, the electric car manufacturer did not take any lengthy breaks in production. Demand for Tesla cars in China, the world’s largest auto market, has recently eased.

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