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TSLA Jun 2024 306.670 call

OPR - OPR Delayed Price. Currency in USD
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0.01000.0000 (0.00%)
As of 09:58AM EDT. Market open.
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Previous Close0.0100
Expire Date2024-06-21
Day's Range0.0100 - 0.0100
Contract RangeN/A
Open Interest2.1k
  • Yahoo Finance Video

    Bullish S&P 500 calls, weak China industrial output: Morning Brief

    On today's episode of Morning Brief, Yahoo Finance's Seana Smith and Madison Mills cover some of the biggest stories as the holiday-shortened trading week gets underway. The major US indexes (^DJI, ^IXIC, ^GSPC) started Monday's trading session mixed, as the S&P 500 and Nasdaq Composite hold near their record highs achieved last week. As the tech sector continues to push the market to new heights, Evercore ISI has raised its year-end target of the S&P 500 to 6,000, while Goldman Sachs has raised it to 5,600. Miller Tabak Managing Director and Chief Market Strategist Matt Maley says that the market rally signals that "investors aren't all that confident about anything outside of the AI phenomenon. And we haven't seen the big broadening out of earnings outside of the AI phenomenon." Minneapolis Federal Reserve President Neel Kashkari has indicated optimism about potential interest rate cuts, stating that one cut in December is "reasonable." However, Wells Fargo Global Investment Strategist Veronica Willis believes that two rate cuts in 2024 are still possible, noting that more economic data showing disinflation would give the Federal Reserve enough "confidence" to enact more than one cut. China's housing market continues to struggle as industrial output growth slowed to 5.6% in May, a decline of over 1% from the previous month's figure. Crude oil prices (CL=F, BZ=F) are climbing higher after China also reported weakening demand and oil refinery outputs. Energy Aspects Oil Analyst Christopher Haines explains that China is "transitioning to more of a consumer-based economy rather than an industrial-based economy... it's trying to decrease energy intensity. So actually, I think you can read [that] demand, or... some of that data that came out today is relatively constructive." This post was written by Melanie Riehl

  • Yahoo Finance Video

    Tesla's 'aging portfolio' is a bigger issue than its prices

    Shares of Tesla (TSLA) are trading higher following its shareholder meeting, which alluded to new offerings coming to market after the approval of Elon Musk's $56 billion pay package. Citi autos equity research analyst Itay Michaeli joins the Morning Brief to discuss why Tesla's product innovation is key to driving growth. Michaeli notes that there is "a lot of anticipation for the next round of new products from Tesla." He explains that the company has mentioned introducing more affordable EV models, for which investors await two crucial factors: the price point and "the overall design and content of these vehicles." The main concern for investors will be whether these new vehicles can "generate the same type of hype" seen with previous Tesla models. If so, Michaeli believes it could drive substantial growth in the company's share price. "We want to see a lot of innovation, maybe different design languages. Really whatever it takes... to create a lot of incremental excitement," Michaeli told Yahoo Finance. Read more about what's next for Tesla here. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

  • Investor's Business Daily

    Tesla Stock Is Still A Big Loser In 2024, But It's Hitting Highs By This Metric

    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.