TSLA May 2024 172.500 put
| Previous close | 0.2900 |
| Open | 0.1400 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 172.50 |
| Expiry date | 2024-05-03 |
| Day's range | 0.0100 - 0.2300 |
| Contract range | N/A |
| Volume | |
| Open interest | 10.1k |
- Yahoo Finance Video
Tesla uncertainty grows as it validates FSD, makes 'binary' bets
Shares of Tesla (TSLA) are under pressure as the Justice Department investigates whether Tesla committed wire and securities fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities, Reuters reports. Barclays Senior Autos Analyst Dan Levy joins Catalysts to give insight into Tesla and the pressure the company is under as uncertainty grows around it. Levy explains why Tesla is headed down an uncertain path: "You have an investment thesis that's in pivot. And I think that there is uncertainty because the stock or the narrative is pivoting away from what was viewed as some certainty around vehicle sales, leveraging a cost advantage, and instead leveraging bets that people view as possibly binary. The push to autonomous, the push to robotaxi — these could be potentially largely disruptive bets, but they're binary. People just don't know what the outcome is." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Earnings, DOJ's Tesla probe, Reddit's guidance: 3 Things
Uber (UBER), Lyft (LYFT), Twilio (TWLO), and Shopify (SHOP) are the latest companies to report earnings after the bell on Tuesday and before Wednesday's market open. The US Department of Justice (DOJ) is looking into supposed securities and wire fraud as part of its probe into Tesla's (TSLA) Autopilot capabilities and full-self driving functions, according to a Reuters report. Reddit (RDDT) shares continue to surge in Wednesday's pre-market session after topping first-quarter earnings estimates and reporting a spike in daily active users. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Elon Musk talks space, AI, and more
he Milken Institute Global Conference is underway in Los Angeles, California. The institute’s Chairman, Michael Milken, sat down with Tesla (TSLA) and SpaceX CEO Elon Musk to discuss space, artificial intelligence, population growth, and what keeps him up at night. Space (00:00:05) Musk explains that he wants “to be a multi-planet civilization so that we have planetary redundancy, such that no single event can… be the end of our civilization.” AI (00:00:21) “It’s very important to have a maximum truth-seeking AI… and a maximumly curious AI,” Musk notes. While “biological intelligence can serve as a… backstop, as a… buffer of intelligence… almost all intelligence will be digital.” Population Growth (00:00:52) “The more prosperous a civilization and the more a civilization feels that it does need to defend against external threats, the lower the birth rate,” Musk discusses. “You should really think of human civilization as being like a tiny candle in a vast darkness, and we should do everything possible to ensure that… candle does not go out.” For more expert insight and the latest market action, click here.
