Previous Close | 330.52 |
Open | 330.52 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 1,020.00 |
Expire Date | 2024-06-21 |
Day's Range | 330.52 - 330.52 |
Contract Range | N/A |
Volume | |
Open Interest | 47 |
According to multiple reports, Tesla (TSLA) has announced another round of layoffs, which includes two senior executives and the bulk of its supercharging team. This news comes just two weeks after Tesla announced a 10% headcount reduction and the departure of two other senior executives. While shares of the company are down over 20% year-to-date, the company did see some relief as CEO Elon Musk returned from a surprise trip to China with approval from Chinese authorities over its full self-driving (FSD) software. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest development for Tesla and what it could mean for the EV maker moving forward. 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
US Equities (^GSPC, ^DJI, ^IXIC) recovered toward the end of the day as news broke concerning the US Treasury's larger-than-expected borrowing plans. Shares of Tesla (TSLA) continue to trade higher, with a 15% gain for the day as the market priced in China's approval of the company's "Full Self-Driving" technology. Yahoo Finance's Jared Blikre joins Market Domination Overtime to analyze the market's movements as the closing bell rings. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Bets against Tesla stock are still mounting even as short sellers lose billions following the stock's post earnings report surge.