TSLA Jun 2024 25.000 call
| Previous close | 808.30 |
| Open | N/A |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 25.00 |
| Expiry date | 2024-06-21 |
| Day's range | 808.30 - 808.30 |
| Contract range | N/A |
| Volume | |
| Open interest | 39 |
- Yahoo Finance Video
Tesla went from a Cinderella story to 'horror show': Analyst
Tesla (TSLA) has faced mounting challenges in 2024, garnering increasingly bearish sentiments from major shareholders. The EV maker's stock has fallen almost 40% year-to-date. Wedbush Securities Managing Director Dan Ives recently put out a note claiming that "the clock has struck midnight" for Tesla CEO Elon Musk. He joins Yahoo Finance to discuss Tesla's recent performance and what the company's future may look like moving forward. Ives elaborates on his stance: "This is really what I view when when I say 'clock striking midnight' — it comes down for Musk. Navigate the Category 5 storm just like he has in '18, 2020, and other. Otherwise, this is not just 'Trust me,"' because I think that's really the frustration now that, essentially, it went from a Cinderella story, magic carpet ride to what's been a bit of a horror show, especially the last three, four months." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Tesla is a 'great company,' but 'mismanaged': Investor
Shares of Tesla (TSLA) continue to slide as the company once again asked shareholders to approve CEO Elon Musk's $56 billion pay package that was originally struck down by a Delaware judge. The judge involved in the case called the pay package excessive and said the company's board failed to justify it. The compensation includes no salary or cash bonus but instead stock options that are issued based on performance threshold. Gerber Kawasaki CEO Ross Gerber joins Market Domination Overtime to discuss the situation with Tesla and Musk and why he is "grateful" to have sold the stock in recent months. Gerber gives his full thoughts over the company and the position he has taken: "We trimmed Tesla down to a reasonable position, about a 2% position in our firm and in my fund. I love the company. I want to make it clear, the products are amazing. It's a great company with great employees and I just think it's being mismanaged at this point. And it -- you know, I think their strategies are not working. So we've lowered our position, I hope I don't end up selling out of this position because I do think the long-term for Tesla could be amazing if it had the focus of a full-time CEO." 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
- Yahoo Finance Video
Tesla's board needs to be refreshed: Corporate governance expert
Electric vehicle giant Tesla (TSLA) has filed a preliminary proxy statement as it seeks shareholder approval for two key items: Elon Musk's nearly $56 billion pay package and the company's proposed reincorporation in the state of Texas. To provide insight into these developments, Weinberg Center for Corporate Governance at the University of Delaware Charles Elson Founding Director joins Market Domination. Elson expresses skepticism about the potential approval of Musk's compensation plan, noting that even if shareholders were to vote in favor, it may not supersede the previous court decision that struck down the package. He emphasizes that the plan being proposed is not meaningfully different from the one that was deemed "not effectively fair" by the courts. On the proposed move, "The real question is, why would a shareholder vote for a move that the CEO says a court has decided against me because what I did was inequitable? So, I'm going to a jurisdiction where they'll say that's okay," Elson told Yahoo Finance. Elson argues that, ultimately, the board's responsibility is to ensure that Tesla survives beyond Musk's tenure. "At some point you have to say 'enough.' That's that where I think you need board refreshment. Obviously this board is unwilling to do it," Elson says. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
