Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 716.67 |
Expiry date | 2024-06-21 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 2.21k |
Tesla's growth story was about leading the paradigm shift to EVs, and an affordable car was a part of that story. Now without it, the narrative has changed.
Tesla (TSLA) was once soaring high — a member of the Magnificent Seven group of tech or tech-adjacent stocks that led rallies in the S&P 500 (^GSPC) to one of its all-time highs — but has since fallen from grace in the 2024 trading calendar. The company has faced a litany of challenges, from disappointing production figures to leadership concerns around CEO Elon Musk. Yahoo Finance Anchor Madison Mills breaks down a timeline of the challenges that Tesla has faced in recent months to give context to its slide from the top. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Tesla stock is priced for a mainstream, autonomous future, but the company faces strategic uncertainty, leadership troubles, and hardening competition.