Previous close | 0.0900 |
Open | 0.0900 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 85.00 |
Expiry date | 2024-07-19 |
Day's range | 0.0900 - 0.0900 |
Contract range | N/A |
Volume | |
Open interest | 1.96k |
Donald Trump is set for a major stop in the 2024 money race Thursday when he travels to Silicon Valley for a high-profile fundraiser with tech billionaires.
Rivian Automotive is looking to challenge Tesla, Ford and General Motors with its adventure-styled electric vehicles. Adam Jonas, Morgan Stanley's high-profile autos analyst, met with Rivian management in late May. The analyst came away from the gathering with the belief that Rivian is "uniquely positioned within autos (other than Tesla) on scaling a fully integrated software stack critical to unlocking the AI opportunity." "At a market value 1/60 that of Tesla," Jonas added.
Tesla stock has retreated around 30% in 2024 as analysts focus on the upcoming shareholder meeting and Elon Musk's 2018 pay package.