Tesla(US:TSLA) Zheng Quan Shi Bao·2025-10-08 00:27Market Performance - The three major U.S. stock indices opened high but closed lower, with the Dow Jones down 0.2% at 46,602.98 points, the S&P 500 down 0.38% at 6,714.59 points, and the Nasdaq down 0.67% at 22,788.36 points [1] - Notable declines included Nike dropping over 3%, Seaford down more than 2%, and Tesla falling over 4% [1] Company Updates - Tesla has launched the base versions of its Model 3 sedan and Model Y SUV, priced at $36,990 and $39,990 respectively, with an estimated range of 321 miles (approximately 516 kilometers) on a full charge [1] - The new "standard" models have reduced features compared to higher-end versions and do not include Tesla's basic Autopilot system [1] Chinese Stocks - Chinese concept stocks experienced a general decline, with the Nasdaq Golden Dragon China Index down 2.24% [1] - Specific declines included Pony.ai down nearly 8%, Century Internet down over 6%, and Qihoo 360 down over 6% [1] Gold Market - Gold prices opened higher, with COMEX gold closing above $4,000 [2] - The ongoing U.S. government shutdown continues to impact market sentiment, despite some progress reported by President Trump [2] Federal Reserve Commentary - Federal Reserve Governor Milan advocates for continued interest rate cuts to address risks of overly tight policies [3] - Milan believes there is no significant conflict between achieving "maximum employment" and "price stability," and he is optimistic about inflation prospects [3]