Previous close | 0.7700 |
Open | 0.3700 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 240.00 |
Expiry date | 2024-06-21 |
Day's range | 0.3700 - 0.7700 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — rather than springing for all-new models — follows the playbook of Tesla's old-school Detroit rivals, as some Tesla investors and analysts see it. The shift toward incremental improvement, mirroring a common strategy of Ford and General Motors, suggests the future of car-making that Musk has promised to disrupt may still look a lot like the past. Musk's new strategy followed an exclusive Reuters report that Tesla had shelved plans to release a long-awaited, new model expected to cost $25,000 in late 2025.
Drew Baglino, a Tesla veteran who resigned from the company's leadership team last week, sold about 1.1 million of his shares. an SEC filing showed.