Previous Close | 53.00 |
Open | 53.00 |
Bid | 53.40 |
Ask | 54.05 |
Strike | 160.00 |
Expire Date | 2025-06-20 |
Day's Range | 51.85 - 54.00 |
Contract Range | N/A |
Volume | |
Open Interest | 2.23k |
Out comes Tesla CEO Musk from the factory floor to one of more glitzy conferences of the year.
Tesla has adjusted its model lineup in a bid to boost sales of its most popular vehicle. The new version is more attractive than the old—and looks like a good deal—while tax credits continue to skew value in the U.S. electric vehicle market. Over the weekend, Tesla added a long-range rear-wheel drive Model Y to its website that gets about 320 miles of range per charge.
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.