Previous close | 246.15 |
Open | 246.26 |
Bid | 222.20 |
Ask | 230.65 |
Strike | 490.00 |
Expiry date | 2024-09-20 |
Day's range | 246.15 - 246.26 |
Contract range | N/A |
Volume | |
Open interest | 5 |
Sweden's biggest union on Tuesday threw its weight behind a six-month-old strike by mechanics at Tesla, escalating a conflict the notoriously union-shy company is facing with a Nordic labour force committed to collective bargaining. The focus of the dispute - among Sweden's longest - is Tesla CEO Elon Musk's refusal to sign a collective bargaining agreement allowing the union to strike deals for the workforce as a whole. Last month, Musk said the labour storm had passed in the country where Tesla's Model Y is the top-selling car, but he was contradicted by a representative for metal workers' union IF Metall, who said its strike continued.
Oil company Chevron was the most shorted U.S. stock in April, overtaking long-standing top target Tesla as short-sellers up their bets on weaker energy prices, according to a monthly report by data and tech firm Hazeltree. Chevron topped the Hazeltree Shortside Crowdedness Report list as the most shorted large cap stock in the United States, which the firm compiles based on stock borrowing data globally from about 700 asset management funds. While the oil company has occupied second place in the last three months, April saw a jump of over $500 million worth of Chevron's total stock used for shorting, to about 9% from the previous month's roughly 7%.
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