Advertisement
Canada markets open in 5 hours 25 minutes
  • S&P/TSX

    21,363.61
    +119.84 (+0.56%)
     
  • S&P 500

    5,096.27
    +26.51 (+0.52%)
     
  • DOW

    38,996.39
    +47.37 (+0.12%)
     
  • CAD/USD

    0.7361
    -0.0004 (-0.06%)
     
  • CRUDE OIL

    78.19
    -0.07 (-0.09%)
     
  • Bitcoin CAD

    84,252.56
    -1,150.10 (-1.35%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,047.70
    -7.00 (-0.34%)
     
  • RUSSELL 2000

    2,054.84
    +14.54 (+0.71%)
     
  • 10-Yr Bond

    4.2520
    0.0000 (0.00%)
     
  • NASDAQ futures

    18,124.00
    +41.25 (+0.23%)
     
  • VOLATILITY

    13.28
    -0.12 (-0.90%)
     
  • FTSE

    7,665.28
    +35.26 (+0.46%)
     
  • NIKKEI 225

    39,910.82
    +744.63 (+1.90%)
     
  • CAD/EUR

    0.6804
    -0.0010 (-0.15%)
     

This 2024 Rule Change Could Crush Tesla Stock

This 2024 Rule Change Could Crush Tesla Stock

Tesla's (NASDAQ: TSLA) pricing power may be becoming a thing of the past. In its third quarter, Tesla's average selling price across its vehicles fell by roughly $9,000 to just over $45,000. CEO Elon Musk spent much of the third-quarter earnings call arguing about how important it is for Tesla to be competitive on price.