US Stock Market Movement | Tesla (TSLA.US) rises over 4% as it launches a lower-priced Model 3 variant in Hong Kong and Macau
On Monday, Tesla (TSLA.US) rose by more than 4%, closing at $364.85.
According to Jinzhong Finance APP, on Monday, Tesla (TSLA.US) surged over 4%, closing at $364.85. In terms of news, Tesla has officially launched a simplified configuration and lower-priced version of the Model 3 in Hong Kong and Macau. Tesla’s official website shows that the starting price for this model in Hong Kong is 205,000 Hong Kong dollars (approximately 175,900 RMB), and in Macau the starting price is 252,000 Macau Patacas (approximately 209,800 RMB).
On September 3, Tesla plans to unveil its steering wheel–less and pedal–less autonomous vehicle model, Cybercab, in Austin. This model has already completed road tests and staff trial rides, with plans to first be made available to employees and later to the public.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

