TSLA Aug 2024 190.000 put
| Previous close | 20.25 |
| Open | 18.25 |
| Bid | 20.35 |
| Ask | 20.50 |
| Strike | 190.00 |
| Expiry date | 2024-08-16 |
| Day's range | 18.25 - 21.67 |
| Contract range | N/A |
| Volume | |
| Open interest | 7.23k |
- Yahoo Finance Video
'Hold on Tesla and wait,' don't buy right now: Strategist
A Tesla (TSLA) shareholder vote approving CEO Elon Musk's enormous pay package has sparked renewed enthusiasm in the EV maker as it branches out from just an automotive company, branching out into AI, robotics, and energy. Summit Global Investments CIO Dave Harden calls Musk's compensation package "excessive" and is bearish on the stock at this time. "I wouldn't buy Tesla at this time. Elon Musk is an outspoken leader, and I think that there's going to be much more chatter and much more opportunity to get in when you can see clearly that the growth is going to happen. So the major growth is behind us. We know that, that's very clear, but I think you're going to hear more about that in the future," Harden tells Yahoo Finance, adding: "So if you're a managed risk investor I would probably hold off on this investment. If you're a growth investor, I would also probably hold on." Yahoo Finance spoke with analysts and Wall Street experts who are expressing renewed bullishness on Tesla stock, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock price could reach $2,600 by 2029. Also, Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time short-seller of the stock — explained his latest price target on Tesla shares: $15. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Tesla is in 'incredibly enviable' position for real-world AI 'Don't fire Steve Jobs': Tesla analysts react to approval of Elon Musk's pay package Tesla is biggest market bubble in world history: Short seller Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO?
- Yahoo Finance Video
Tesla is biggest market bubble in world history: Short seller
Tesla's (TSLA) stock momentum seems to have stalled Friday morning after shareholders voted to approve CEO Elon Musk's pay packages — valued at nearly $46 billion — at the company's annual shareholder meeting on Thursday. Many analysts and Wall Street experts have shared new, incredibly bullish forecasts for the EV company, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock could reach $2,600 by 2029. However, not everyone shares this enthusiasm around Tesla and Elon Musk. Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time Tesla short-seller — joins The Morning Brief to explain his $15 price target, likening Tesla to "the next Enron." "Let's not forget, that the stock is down 60% from all-time high at the same time as the market has gone up, 20, 25% in the meantime," Lekander says, citing Tesla's earnings and its year-to-date stock losses. "So the stock needs to go down. Once it goes down, it's going to go down more. And I think what drives it down is earnings. And I think we are very, very close to the turning point because so far it's been a slippery slope. They've sold cars poorly therefore they lowered the price, therefore earnings went down..." Lekander characterizes Musk as "missing... what's going on in the overall EV space" coming out of COVID-19 pandemic trends. 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. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO? Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
- Yahoo Finance Video
What Apple Intelligence means for Apple's stock: YF Reports
Apple (AAPL) shares climbed to record highs following a series of product announcements at the company's Worldwide Developers Conference 2024. The biggest announcement was Apple's new AI-integrated operating system: Apple Intelligence. Yahoo Finance breaks down Apple's new AI features, what's next for the tech giant, and how Apple's move into artificial intelligence could possibly disrupt the tech sector. For more expert insight and the latest market action, click here. This post was written by Noah Chadwick
