TSLA Jun 2024 970.000 call
| Previous Close | 274.49 |
| Open | 275.39 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 970.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 274.49 - 275.39 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 84 |
- Yahoo Finance Video
Is Ford a hybrid winner and Tesla an EV loser?
In the latest installment of Yahoo Finance's Good Buy or Goodbye, BD8 Capital Partners CEO and CIO Barbara Doran steps inside the driver's seat and outlines her preferred auto stock trades currently, shining some headlights onto why major automaker Ford (F) is a "good buy" and EV pioneer Tesla (TSLA) is a stock investors should say "goodbye" to. Doran finds Ford to be performing in line when compared to General Motors' (GM) proportionally larger figures, giving the former more room to grow, especially as it prioritizes new hybrid models while EV charging infrastructure is slowly built out. "There's a number of catalysts because this has been an ongoing turnaround story, and they have done so many things," Doran tells Yahoo Finance. "One of them... is just rationalizing their product lineup. They're really looking for which vehicles are the most profitable and for them that tends to be their pickup trucks, their SUVs, they've really scaled down on the cars..." Tesla's biggest challenge, according to Doran, is that it's beginning to lose market share to domestic and Chinese competitors. "The total pie has expanded, but the pie is not expanding for now. So they're losing share both in China and in the US, and you've seen this through their price cuts." Catch more of Good Buy or Goodbye here, or watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Tesla stock drops on report it's laying off 10% of workforce
Tesla (TSLA) is set to lay off more than 10% of its global workforce, according to a report from Electrek citing an internal email from CEO Elon Musk. Musk writes the layoffs will set Tesla up to "be lean, innovative and hungry for the next growth phase cycle." Yahoo Finance Reporter Pras Subramanian joins the Morning Brief to discuss the details of the announcement and Tesla's Q1 report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Reuters
UPDATE 1-Tesla's global job cuts include leading markets US, China
Tesla's global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said. Several U.S.-based service centres saw heavy layoffs effective immediately, primarily of sales staff and technicians, one source said.
