TSLA Jun 2024 1.670 call
| Previous close | 178.43 |
| Open | 171.24 |
| Bid | 172.70 |
| Ask | 173.25 |
| Strike | 1.67 |
| Expiry date | 2024-06-21 |
| Day's range | 171.24 - 173.66 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.29k |
- Yahoo Finance Video
Tesla troubles, AI investments, growth stocks: Catalysts
Shares of Tesla (TSLA) are sinking following reports that the Justice Department is investigating whether the company committed securities and wire fraud in its self-driving vehicle claims, Reuters reports. Rivian (RIVN) faces mounting competition in the electric vehicle space, with one analyst suggesting that cost-cutting is the automaker's "core focus." The Biden administration is reportedly considering new restrictions over export licenses for companies supplying chips to China. Yahoo Finance also continues its coverage of the Annual Milken Global Institute Conference, interviewing Lazard (LAZ) president Ray McGuire and Nuveen CIO Saira Malik. For more expert insight and the latest market action, click here
- Yahoo Finance Video
Tesla uncertainty grows as it validates FSD, makes 'binary' bets
Shares of Tesla (TSLA) are under pressure as the Justice Department investigates whether Tesla committed wire and securities fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities, Reuters reports. Barclays Senior Autos Analyst Dan Levy joins Catalysts to give insight into Tesla and the pressure the company is under as uncertainty grows around it. Levy explains why Tesla is headed down an uncertain path: "You have an investment thesis that's in pivot. And I think that there is uncertainty because the stock or the narrative is pivoting away from what was viewed as some certainty around vehicle sales, leveraging a cost advantage, and instead leveraging bets that people view as possibly binary. The push to autonomous, the push to robotaxi — these could be potentially largely disruptive bets, but they're binary. People just don't know what the outcome is." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Earnings, DOJ's Tesla probe, Reddit's guidance: 3 Things
Uber (UBER), Lyft (LYFT), Twilio (TWLO), and Shopify (SHOP) are the latest companies to report earnings after the bell on Tuesday and before Wednesday's market open. The US Department of Justice (DOJ) is looking into supposed securities and wire fraud as part of its probe into Tesla's (TSLA) Autopilot capabilities and full-self driving functions, according to a Reuters report. Reddit (RDDT) shares continue to surge in Wednesday's pre-market session after topping first-quarter earnings estimates and reporting a spike in daily active users. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
