Advertisement
Canada markets close in 1 hour 8 minutes

  • S&P/TSX

    21,860.27
    -151.45 (-0.69%)
     

  • S&P 500

    5,062.03
    -8.52 (-0.17%)
     

  • DOW

    38,434.19
    -69.50 (-0.18%)
     

  • CAD/USD

    0.7296
    -0.0024 (-0.33%)
     

  • CRUDE OIL

    82.84
    -0.52 (-0.62%)
     

  • Bitcoin CAD

    88,017.49
    -3,427.40 (-3.75%)
     

  • CMC Crypto 200

    1,396.92
    -27.18 (-1.91%)
     

  • GOLD FUTURES

    2,332.70
    -9.40 (-0.40%)
     

  • RUSSELL 2000

    1,990.21
    -12.43 (-0.62%)
     

  • 10-Yr Bond

    4.6600
    +0.0620 (+1.35%)
     

  • NASDAQ

    15,675.75
    -20.89 (-0.13%)
     

  • VOLATILITY

    16.02
    +0.33 (+2.10%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • CAD/EUR

    0.6821
    -0.0015 (-0.22%)
     
MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Tesla ramps up production in China

Yahoo Finance Video

Yahoo Finance's Brian Sozzi discusses Tesla production following COVID lockdowns in China.

Video Transcript

BRIAN SOZZI: All right, taking a look at one stock that's hot on the Yahoo Finance platform, we were just talking about it, Tesla is under pressure as investors putting a little more focus on a 64% sales slump in July versus June. Tesla, of course, has been grappling with COVID lockdowns, including a two month closure in Shanghai that hit the car marker's second quarter profit margins. Those closures weighed on Tesla's performance as you can see in July as well. And now, Tesla shares have reversed course and they are under pressure.