Tesla's decline expands to 5%

Tesla's decline widened to 5%, with wholesale sales of new energy passenger vehicles in China reaching 61662 units in May, a year-on-year decrease of 15%. In addition, Tesla's sales in multiple European countries plummeted in the same month. In addition, Cathie Wood, CEO of Ark Investment, publicly predicted in March that Tesla's stock price would reach $2600. However, last week, she reduced her holdings of about 50000 shares three times, cashing out about $17 million.