Previous close | 0.4700 |
Open | 0.5000 |
Bid | 0.2900 |
Ask | 0.3100 |
Strike | 465.00 |
Expiry date | 2024-09-20 |
Day's range | 0.4700 - 0.5000 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Tesla (TSLA) appears to be backtracking on its recent workforce reduction strategy, as Bloomberg reported the electric vehicle giant is rehiring some of its Supercharger team. This move comes just a month after CEO Elon Musk laid off nearly all of its employees on the Supercharger network team. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the early part of the second quarter of 2024 showed a big divergence of returns.
Tesla should be impacted the least by the Biden Administration’s increased tariffs on Chinese-made electric vehicles—so long as they don’t spark a backlash among Chinese officials. President Biden has proposed quadrupling import tariffs on Chinese cars to about 100% from the current 25%. There are no Chinese-branded passenger cars on sale in the U.S.