Previous Close | 320.40 |
Open | 320.40 |
Bid | 319.95 |
Ask | 321.10 |
Strike | 560.00 |
Expire Date | 2025-01-17 |
Day's Range | 314.05 - 320.40 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
The move comes after the Elon Musk-led automaker disbanded its EV charging department following Tesla's announcement last month that it was reducing its global workforce by more than 10%. Tesla, whose shares were up more than 1%, did not immediately respond to a Reuters request for comment. Tesla has been under pressure from dropping sales and an intensifying price war among automakers as elevated interest rates have slowed the adoption of electric vehicles.
Electric-vehicle maker Tesla has laid off staff from the software, service and engineering departments, tech publication Electrek reported on Monday, citing sources familiar with the matter. The move comes after the Elon Musk-led automaker disbanded its EV charging department following Tesla's announcement last month that it was reducing its global workforce by more than 10%. Tesla, whose shares were up more than 1%, did not immediately respond to a Reuters request for comment.
Tesla stock has retreated around 30% in 2024 as analysts focus on vehicle pricing, EV demand and potential profit struggles for Elon Musk and Co.