Previous close | 31.65 |
Open | 32.83 |
Bid | 31.65 |
Ask | 34.40 |
Strike | 320.00 |
Expiry date | 2026-12-18 |
Day's range | 32.78 - 32.92 |
Contract range | N/A |
Volume | |
Open interest | 912 |
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.
Goldman Sachs has observed a significant shift among the top technology companies, often dubbed the "Magnificent 7," following their first-quarter results.
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.