Previous close | 119.70 |
Open | 118.50 |
Bid | 118.20 |
Ask | 119.65 |
Strike | 300.00 |
Expiry date | 2024-06-21 |
Day's range | 118.50 - 118.55 |
Contract range | N/A |
Volume | |
Open interest | 326 |
The latest layoffs at Tesla this week cut close to the bone of the EV pioneer’s big competitive advantage — its ubiquitous Supercharger network.
Tesla dropped the Model Y Rear-Wheel Drive, which had been its cheapest variant. The new Long Range RWD costs $2,000 more.
Tesla has had a terrible start to 2024. But Tesla stock hasn't gotten any cheaper, by a key metric. In fact, it's more expensive than ever. Often when a stock sells off hard, investors and Wall Street analysts will tout it as a buy, citing much-cheaper valuations.