Previous close | 0.9400 |
Open | 0.8100 |
Bid | 0.7900 |
Ask | 0.8300 |
Strike | 340.00 |
Expiry date | 2024-08-16 |
Day's range | 0.8100 - 0.8100 |
Contract range | N/A |
Volume | |
Open interest | 178 |
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.