Dow falls slightly, Tesla drops by 4pc

U.S. stocks fell slightly on Tuesday as investors braced for a big batch of tech earnings, CNBC reports.

The S&P 500 dipped by 0.2 percent, falling from a record high from the previous session. The Dow Jones Industrial Average fell 60 points. The tech-heavy Nasdaq Composite slid 0.4 percent.

Shares of Tesla fell by 4 percent even after the electric carmaker posted record net income of US$438 million. Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 18 percent from their record. Though the stock is still up 360 percent over the last 12 months.