Shouldn't Tesla Stock Go Up as Result of Escalated Trade War?

Shouldn't Tesla Stock Go Up as Result of Escalated Trade War?

I have read today that Tesla stock is down due to the escalation of the trade war. Shouldn't the stock instead be going up, since Tesla has had the foresight to build a Gigafactory in China that may be producing cars by the end of this year?

Tropopause | May 13, 2019

The whole US market was down today. These days I have no idea what to make of it all. Just have to wait until the Giga3 is up and running to see how TSLA will do.

Tuanp40 | May 13, 2019

Short sellers are too strong so it doesn't matter the market is up or down.

carlk | May 13, 2019

Stock market is never rational, Traders just take the opportunity, fear and uncertainty, to beat down every stock in sight. Things like this is god send for them especially those using computerized algorithm trading.

Yodrak. | May 13, 2019

There are many factors that go into a stock's movement, not just one.

Tesla2018 | May 15, 2019

Does China plan to impose a tariff on Teslas made in China, or just on ones that are currently being brought over from the United States. If they are going to impose them on one's made over in China because it's an American company that might drive the price of the stock down because the price of the car wouldn't be competitive with those made in other places.