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5 Things You Must Know Before the Market Opens Thursday

Here are five things you must know for Thursday, Aug. 4:

1. -- Electric carmaker Tesla (TSLA) missed on earnings expectations, but that wasn't the catastrophe markets may have expected. Instead, since the stock mainly trades on the company's potential instead of its current status, the stock was falling by just 1.1% in premarket trading.

Tesla's spending was substantial, as adjusted operating expenses rose 31% annually to $452 million. Its second-quarter...