Previous close | 0.2700 |
Open | 0.3400 |
Bid | 0.3500 |
Ask | 0.3700 |
Strike | 610.00 |
Expiry date | 2025-01-17 |
Day's range | 0.2700 - 0.4800 |
Contract range | N/A |
Volume | |
Open interest | 77.05k |
Tesla (TSLA) CEO Elon Musk felt especially ambitious in the EV maker's first-quarter earnings call, weighing in on Tesla's timeline for an affordable EV and the outlook for developing its robotaxi service. Many on Wall Street are skeptical about Tesla's re-focusing on next-gen products while engaging in a price war in China through price cuts on its vehicles. Tesla missed its first-quarter earnings estimates, posting $21.3 billion in revenue and adjusted gains of $0.45 per share. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance to lay out the criticisms Tesla is facing after its most recent earnings, calling investments into robotaxis "the graveyard of where automakers go to, maybe not die, but waste a lot of money." Migliore also points out how efficiently and effectively traditional automakers would be at rolling out an affordable electric vehicle in the time that it takes for Tesla to develop and release its own. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.
(Bloomberg) -- The world’s biggest bond market remained under pressure after another jumbo-sized sale of Treasuries, with traders looking for clues on whether a turning point is in sight after this year’s selloff.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyTreasuries