Previous close | 41.40 |
Open | 42.54 |
Bid | 41.95 |
Ask | 44.25 |
Strike | 185.00 |
Expiry date | 2025-01-17 |
Day's range | 41.30 - 42.70 |
Contract range | N/A |
Volume | |
Open interest | 11.35k |
Tesla (TSLA) filed its proxy statement ahead of the EV maker's June 13 shareholder meeting with two big requests: that shareholders vote to move Tesla’s state of incorporation to Texas and that they ratify CEO Elon Musk’s 2018 pay package that a Delaware judge rescinded earlier this year.
Chinese automakers like BYD (BYDDY) and XPeng (XPEV) make electric vehicles that are far cheaper than the ones made in the USA. But they're hard to find in the US and, if politicians and domestic automakers (F, GM, TSLA) have their way, that's how it's going to stay. Yahoo Finance's Pras Subramanian and Rick Newman explain why in the video above. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of its global workforce, the electric-vehicle maker said in a legally mandated notice on Wednesday. Tesla has a total of 2,032 employees across the two impacted sites in Buffalo, meaning that the cuts will affect about 14% of its workers there. The layoffs follow an exclusive Reuters report on April 5 that Tesla had cancelled a long-promised inexpensive car, expected to cost $25,000, that investors have been counting on to drive mass-market growth.