The three major US stock indexes opened lower, with the Dow down 0.83%, the NASDAQ down 1.61%, the S & P 500 down 1.1% and the target down 24% before the market. The company's Q1 net profit was US $1 billion, a year-on-year decrease of 50%. Before the betta fell by more than 2%. Q1 revenue fell 16.6% year-on-year to 1.796 billion yuan. Tesla CEO Elon Musk said that Tesla does not need to borrow, so the rating has no impact on the company.