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TSLA Aug 2024 300.000 call

OPR - OPR Delayed price. Currency in USD
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3.30000.0000 (0.00%)
As of 03:59PM EDT. Market open.
Full screen
Previous close3.3000
Expiry date2024-08-16
Day's range3.2700 - 5.3500
Contract rangeN/A
Open interest29.43k
  • Yahoo Finance Video

    Tesla, Alphabet, LVMH under pressure on earnings: 3 Things

    Tesla (TSLA) stock is falling in pre-market trading after reporting mixed second-quarter earnings results on Tuesday, expecting a "notably lower" growth rate throughout 2024. Alphabet (GOOG, GOOGL) shares are also down in extended hours despite narrowly topping earnings estimates and seeing a promising performance from its cloud segment. French fashion company LVMH (MC.PA), the parent of brands such as Marc Jacobs and Dior, reports a pullback from core Chinese consumers, contributing to its second quarter revenue decline year-over-year. 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

    Alphabet, Tesla report Q2 earnings: Market Domination Overtime

    On today's episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton break down the market close and some of the major Big Tech earnings. The major market averages (^DJI, ^IXIC, ^GSPC) closed just below their flatlines as stocks eyed second quarter earnings from Magnificent Seven members Alphabet (GOOG, GOOGL) and Tesla (TSLA). Google's parent Alphabet posted second quarter earnings that beat analyst estimates on both the top and bottom lines. The company reported earnings per share of $1.89 versus an estimate of $1.84. Revenue of $84.74 billion topped estimates of $84.37 billion, while revenue ex-TAC of $71.36 billion was better than the Street's expectations of $70.7 billion. CFRA Research senior equity analyst Angelo Zino characterizes the results as "solid," but notes that the it fell short of the significant beats investors have come to expect from Big Tech, describing it as "more of an in-line type quarter." Meanwhile, Tesla (TSLA) reported second quarter adjusted earnings per share of $0.52, missing Street expectations of $0.60. Free cash flow also fell short, $1.34 billion versus the estimated $1.92 billion. Revenue, however, was a beat of $25.50 billion versus the estimated $24.63 billion. Gross margin of 18% was better than the expected 17.4%. As investors wait to hear more about Tesla's robotaxi plans after delaying the launch, RBC Capital Markets global autos analyst Tom Narayan argues, "I know they said it had some design issues, but I do wonder, and many investors wonder, if it has to do with them trying to get regulatory approvals to launch a service similar to, let's say, Waymo or Cruise have." He says that investors "want something real" on this front, rather than "a bunch of PowerPoint slides." He continues, "When they eventually unveil this, I think they'll want details on timing, profitability, and they'll want something within six months to a year, not ten years down the road." This post was written by Melanie Riehl

  • Yahoo Finance Video

    Why Ford is a buy, but Tesla is risky: Good Buy or Goodbye

    On today's segment of Good Buy or Goodbye, host Julie Hyman is joined by Barron's associate editor Al Root to discuss the best and worst stock picks within the auto sector. Root recommends buying Ford (F), citing notable relative share performance and successful business re-segmentation. He highlights the Pro business's "consistency of profits... with service and sales" and points to a recovering auto market, stating, "Things should continue to get better." However, he cautions investors about two primary risks for Ford: continued EV losses and business execution challenges. On the other hand, Root advises investors to avoid Tesla's (TSLA) stock. He expresses concern over the company's high valuation, stating, "I don't see how... this stock has a tremendous second half of 2024." Root also worries about Musk overpromising on projects like robotaxi and lower-priced EVs, warning that unfulfilled promises could lead to "a big disappointment for the market." Despite these concerns, Root acknowledges an impressive robotaxi event could positively impact the stock. This post was written by Angel Smith