10 things you need to know before the opening bell (SNAP, TSLA, DIS, CRM)

Here is what you need to know.
The trade war escalates. The second tranche of President Donald Trump's tariffs on Chinese goods is set to take effect August 23, hitting $16 billion worth of imports.
Elon Musk wants to remove Tesla from the stock market. "Am considering taking Tesla private at $420. Funding secured," the CEO tweeted before issuing a formal statement on the company's website.
Saudi Arabia's sovereign wealth fund reportedly amassed a $2 billion stake in Tesla. According to the Fin